On February 27, Bitwise CEO Hunter Horsley posted on social media regarding the recent topic of AI replacing human labor: handwritten cards are not as clear or aesthetically pleasing as printed cards, but they are more meaningful and valuable. When printers make technical perfection easily accessible, value shifts to versions that require more effort, have more flaws, and are more unique and scarce. Artificial intelligence will have a similar impact on many things. Counterintuitively, perfection will no longer be as cherished, while inefficiency and flaws will be more appreciated. This pattern is everywhere—vintage Porsche cars are more valued than modern Porsches with superior performance, handcrafted watches, original artworks, and one-of-a-kind prints. Humans create “meaning” for things that require more effort and assign them higher value.
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Bitwise CEO: Technological advancements make perfection cheaper, but humans will always assign higher value to things that require more effort.
On February 27, Bitwise CEO Hunter Horsley posted on social media regarding the recent topic of AI replacing human labor: handwritten cards are not as clear or aesthetically pleasing as printed cards, but they are more meaningful and valuable. When printers make technical perfection easily accessible, value shifts to versions that require more effort, have more flaws, and are more unique and scarce. Artificial intelligence will have a similar impact on many things. Counterintuitively, perfection will no longer be as cherished, while inefficiency and flaws will be more appreciated. This pattern is everywhere—vintage Porsche cars are more valued than modern Porsches with superior performance, handcrafted watches, original artworks, and one-of-a-kind prints. Humans create “meaning” for things that require more effort and assign them higher value.