How does Baumol's cost disease apply to writing when machine text becomes free?

Chris Best
Replied byChris Best

Co-founder & CEO at Substack

Niche: Technology
Revenue: Not Publicly Disclosed /month
Location: San Francisco, California, United States
Started: 2017

As the cost of generating standard text drops to zero, the value shifts entirely to things that cannot be automated, like authentic human experiences and relationships. Much like a live string quartet, the proof of human effort becomes the premium asset.

0
From the Full Interview

This answer is part of a full interview with Chris Best, Co-founder & CEO at Substack.

Share this Answer

Found this insight valuable? Share it with your network to help others learn from Chris Best's experience.

Cite This Answer

Use this answer in your research, article, or academic work