Jevons Paradox: Why building AI is so expensive – and why it will eventually get cheaper |
When OpenAI’s CFO Sarah Friar used the word “backstop” while talking about AI funding, the internet panicked. People thought she meant a government bailout like the 2008 financial crisis. In reality, she was just referring to long-term support for big infrastructure projects.But the reaction showed one thing: most people have no idea what it actually…