korrents

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People value a human-made good for the connection to its maker, which is why the premium disappears once five hundred copies exist.

Drawn from what Alex Imas said

What Alex Imas actually said

  1. Alex Imas Behavioural economist at Chicago Booth
    So with one, you get the effect that the person produced art print is valued much much higher than the than the AI version. And then what we do is to say there's in a set of other conditions, there's 500 of these being produced. So for the human made one, the price goes down a lot because it's no longer seen as like you're not like making a connection with this one artist versus with AI, there's no difference. AI is already viewed as like a commodity.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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