The end of the rip-off economy

(economist.com)

6 points | by wiseowise 19 hours ago ago

4 comments

  • metadat 8 hours ago
  • alwahi 9 hours ago

    calls it the end of the rip-off economy - the solution is the single biggest ripoff in the economic history of humanity

  • bediger4000 18 hours ago

    If LLMs made a huge difference, I would expect that we would have already seen reductions in traffic jams, significant drops in trip times etc from Google and Apple Maps. Use is close to universal, and anecdotally, Maps will take you via routes you'd never discover on your own.

    That is to say, I'll believe this when I see it

    • sigwinch 17 hours ago

      Take the list of wine uploaded to a chatbot. Hasn’t the seller already run his supplier’s list through the same chatbot as you? Shouldn’t the efficiency be most noticeable in jobs that have 75 different tasks; none of which is important-enough to hire a service for?