Earlier quoted context omitted.
Could you explain how AI is going to make energy, water, food, and shelter cheaper ?
If you're asking for AI hype, promises that haven't come to pass and may not ever, but proponents want you to believe (I mean, I want to believe, the question is if it's a rational belief or not), I can give you some. AI could lead to scientific advancements and make fusion reactors on Earth feasible. (We have one in the sky already, it's just 1 AU away.) With AI enabling fusion, (because controlling the magnetic fie…
Or will the cheapest provider gobble everyone else up and then raise prices to maximize marginal revenue / whatever everyone can bear? For example, imagine if Oracle (or whoever you want) somehow wins the AI price wars and completely owns every energy company, every housing company, every farm on earth, every bank, etc. You think they'll LOWER prices to make life easy for everyone? When they'll know exactly just how much you can pay each month to still survive and not riot?