Both Baumol effect and Jevons paradox may apply to the AI supercycle, as services with AI productivity gains get cheaper, while those without AI become costlier news a16z.substack.com

Alex Danco / a16z: Both Baumol effect and Jevons paradox may apply to the AI supercycle, as services with AI productivity gains get cheaper, while those without AI become costlier  —  The Baumol Effect and Jevons paradox are related  —  If you live in the United States today, and you accidentally knock a hole in your wall …