The economy is built on the idea that expertise is scarce and expensive. AI is about to...

... make it abundant and practically free.

For most of history, hiring a dozen PhDs meant a massive budget and months of lead time. Today, a few keystrokes in a chatbot summon that brainpower in seconds.

The question facing individuals and organizations alike is: What will you do when intelligence itself is suddenly ubiquitous/överallt and practically free?

This isn’t the first time we’ve witnessed a revolutionary drop in the cost and distribution of knowledge. When the printing press emerged in the mid-15th century

The Internet extended this trend by dramatically reducing the cost of accessing reliable information. When I was a child, researching a new topic meant walking to the local library

It wasn’t until an afternoon in January 2023, while sitting with my 12-year-old daughter, that I started to realize the true power of these new tools.

Over the course of a few hours, we worked with ChatGPT to design an entirely new board game.

What I had experienced was a system that could seemingly do advanced reasoning. ChatGPT wasn’t just parroting lines or regurgitating facts; it showed analogical and conceptual thinking, linking ideas to real-world references and

A trillion of anything is a lot.

Humans behave similarly: We mostly rely on quick, intuitive responses, or what the late Nobel Laureate Daniel Kahneman dubbed Type 1 thinking. 

But our real work comes from Type 2 thinking, where we are methodical, deliberate and conscious — and thus less error-prone. The early versions of ChatGPT and its competitors were all Type 1 and no Type 2.

Until last September, that is, when OpenAI debuted o1, a reasoning model designed to tackle complex, multi-step logical problems by breaking them into structured steps.

As intelligence becomes practically free, our real constraint is no longer accessing brainpower but knowing what to do with it. 

Successful organizations and people will know how to ask the right question, evaluate the answers and act wisely in response. 

They’ll also have to figure out what to do with their newfound free time.

Azeem Azhar Bloomberg 28 februari 2025

https://www.bloomberg.com/news/articles/2025-02-28/how-ai-reasoning-models-will-change-companies-and-the-economy


Tillbaka till Rolfs länktips 1-2 mars 2025

https://englundmacro.blogspot.com/2025/03/rolfs-lanktips-1-2-mars-2025.html



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