The Good Stuff

002 - The Value Trap in AI

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Apr 23, 2025
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INSIGHT

AI Slashes Business Costs Dramatically

  • AI enables drastic cost reductions by automating human-dependent processes in businesses.
  • This creates large profit margins upfront by cutting operating expenses significantly while revenue remains steady.
INSIGHT

Pricing Power Fuels AI Growth

  • Reducing costs with AI gives companies pricing power and capacity for rapid growth.
  • Increased margins let businesses attract more customers without proportional cost increases, fueling expansion.
INSIGHT

Competition Narrows AI Gains

  • Excess returns from AI attract competition, pushing prices and profits back towards industry norms.
  • This mean reversion can erode initial gains, creating a "value trap" where early value fades.
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