Demis Hassabis recently mentioned the Jevons paradox, which occurs when increased efficiency in using a resource lowers its cost and then spikes demand enough that total consumption rises rather than falls.The economist William Stanley Jevons described it in 1865 in the context of coal: more efficient steam engines did not reduce British coal consumption but increased it, because the efficiency made coal cheaper and uses for it multiplied.
What happens to demand for intelligence when its cost dramatically drops?
Are we smart enough to navigate this transition? Or, more broadly, to use AI properly? It would be a terrible thing for future generations to say of us: they were not even smart enough to use AI.
And yet.
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