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Bitcoin's Solution To "The Inflation Paradox" | Jeff Booth

Inflection Point

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The Paradox of Artificial Intelligence

In economics and a law of economics, as prices fall to the marginal cost of production, no matter what. That's why your photos are free. It's why the calculator app on your phone is free. And all that productivity is removing things from GDP. So you have exponentially decreased exponential productivity that should be falling to its marginal cost ofProduction period check mark number two. The only reason why prices aren't getting cheaper at an exponential rate is because you have debt that would go immediately insolvent if you let prices fall.

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