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AdditionalPizza OP t1_itu7c8a wrote

Reply to comment by KimmiG1 in With all the AI breakthroughs and IT advancements the past year, how do people react these days when you try to discuss the nearing automation and AGI revolution? by AdditionalPizza

There's a pretty quick diminishing return on lower prices increasing demand. Razor thin margins with high volume usually leads to price increases until you maintain the perfect balance for profit.

There's just not an unlimited output that companies can produce and still be successful, especially with thin margins.

Capitalism chases quarterly profits, you lay people off to balance output to sales.

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Artanthos t1_itv988b wrote

Any commodity can be produced at higher volumes.

But production at higher volumes will decrease the price until production is no longer profitable.

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