How the software industry will change when development cost nears zero (who will still make money?)

Published June 16, 2023 in Uncategorized - 1 Comment

With the advent of AI-assisted development, the cost of developing software is quickly going down. Will this make software free in the future? To answer this question, we need to look at the microeconomics of how market price is set. Traditional microeconomic theory In traditional microeconomic theory, the cost of producing an additional unit for […]