From Cointelegraph
February 09, 2025 9:58:54 pm:

OpenAI CEO Sam Altman predicts that lower-cost AI technology could result in cheaper products and services, but cause luxury items to become more expensive.

The affordability of AI technology may drive down prices for everyday goods, while increasing the cost of high-end luxury products in the market.

Sam Altman believes that the widespread adoption of AI could lead to a significant reduction in production costs for many consumer goods.

As AI becomes more accessible and affordable, the prices of everyday items are expected to decrease, while luxury items may see a rise in cost.

OpenAI CEO Sam Altman foresees a future where lower-cost AI technologies result in cheaper goods for consumers, but potentially drive up the prices of luxury products.

Read more at Cointelegraph: OpenAI CEO: Costs to run each level of AI falls 10x every year