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