It’s easy to imagine artificial intelligence as a force that makes existing technology more convenient or more powerful, or as one that opens the door to entirely novel possibilities. But one overlooked effect could dramatically change our society, and how we live in it: the costs of goods and services.

Thanks to AI-empowered technology, we may soon be headed for a post-scarcity society, in which the basic goods and services we need to live and be happy are so inexpensive and/or easy to procure, they might as well be free. But is this vision too optimistic, or is it feasible to hope for?

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