The Prosperous Society is a podcast series by Mobile Dev Memo that articulates an AI Bull Thesis for the digital economy. It argues that the pervasive application of AI to the digital economy will be broadly economically expansionary, leading to increased individual prosperity, expanded consumer choice, and greater human agency.
In Episode 2, I argue that the Western political economy treats commerce as a primary mechanism of individual expression, and that artificial intelligence has the capacity to make commerce more expressive as an outward representation of the individual. In this way, the personalization promise of AI should be embraced and amplified, and applications of AI that subsume commerce, or treat it as a chore, are misaligned with the core benefits of AI. By contrast, advertising aligns incentives, incorporates private value through bids, and scales across heterogeneous products and margins, making it the more durable and effective model for product discovery in an AI-driven economy.
