This first appeared in the Planet Money newsletter. You can sign up here. Last week, news spread that a Chinese AI company, DeepSeek, had built a cutting-edge chatbot at a fraction of the cost of its ...
It sent the stock prices of American tech companies plummeting. But Microsoft CEO Satya Nadella put a happy spin on the whole episode, citing a 160-year-old economics concept to suggest that this was ...
Jevons paradox and AI All of a sudden, it seems like a lot of people are talking about the potential for a Jevons paradox in the market for artificial intelligence. This wouldn't be the first time the ...
Jevons paradox and AI All of a sudden, it seems like a lot of people are talking about the potential for a Jevons paradox in the market for artificial intelligence. This wouldn't be the first time the ...
Jevons paradox may remain somewhat obscure, but over the last few decades, it has been cited as a reason why more energy-efficient cars, appliances and light bulbs may fail to reduce our consumption ...
Jevons paradox and AI All of a sudden, it seems like a lot of people are talking about the potential for a Jevons paradox in the market for artificial intelligence. This wouldn't be the first time the ...