Earlier quoted context omitted.
Should the paradox not be that we PAY more for it? Or, if some process is made more effective, i.e. takes shorter time, we spend more time in that process.
The paradox is usually presented as: The People: Hey local government! The roads are so packed with cars they are useless. Fix it! The Government: We hear you and just finished a huge road expansion project. The roads now have 2x the capacity! Enjoy the new fast roads! The People: The roads are just as slow as before because they are packed with 2X as many cars now! So, the paradox is that greatly increasing the capa…
You do hit limits eventually (most people get to one smartphone and stop except for replacements) but the surprising paradox is when you don’t even see the possible demand (think: worldwide market for maybe six computers type things) - you have to think of something and then think of what would happen if it was (effectively) cheap as free.
Water in the USA might be an example, it went from something difficult and valuable and precious to we flush our toilets with drinking water - unthinkable wealth to parts of the world even today.
If a smartphone was fifty cents what new uses could be found? If the small shell script that replaces you is now $19 for anyone to develop, what happens?