From the article: > Jevons Paradox: when something gets cheaper, you tend to use more of it, not less. That's a butchering of Jevons paradox. What's stated is not a paradox, but a very natural effect. Obviously usage of something goes up when it gets cheaper. What Jevons paradox actually describes is the situation where usage of a resource becomes more efficient (which means less of it is needed for a given task), bu…
> Obviously usage of something goes up when it gets cheaper. Sure. But is it not also obvious that when usage of a resource becomes more efficient, the price of that ”usage” becomes cheaper? So usage goes up obviously because efficiency increases. It is called a paradox because some people naively think that increasing efficiency is a good way to decrease consumption. Almost everything that is called a ”paradox” is t…
An example of probably inelastic demand is the cost of diamonds which has fallen as synthetic diamonds enter the market. But people typically don’t buy more engagement rings than before.
With code it could be different. People might think that the amount of code that needs to be written is fixed, so the ability for a person to write code implies a reduced demand for people who write it.
In reality, bringing the cost down may unlock new use cases, so the number of actual coders might increase.