I feel like these extreme numbers are a pretty obvious clue that we’re talking about something that is completely imaginary. Like I could put “perpetual motion machine” into those sentences and the same logic holds.
1. AI-driven medical procedures: Healthcare Cost = $0. 2. Access to world class education: Cost of education = $0 3. Transportation: Cheap Autonomous vehicles powered by Solar. 4. Scientific research: AI will accelerate scientific progress by coming up with novel hypotheses and then testing them. 5. AI Law Enforcement: Will piece together all the evidence in a split second and come up with a fair judgement. Will prevent crime before it happens by analyzing body language, emotions etc.
Basically, this will accelerate UBI.
Waymo rides cost within a few tens of cents of Uber and Lyft rides. Waymo doesn't have to pay a driver, so what's the deal? It costs a lot to build those cars and build the software to run them. But also Waymo doesn't want a flood of people such that there's always zero availability (with Uber and Lyft they can at least try to recruit more drivers when demand goes up, but with Waymo they have to build more cars and maintain and operate them), so they set their prices similarly to what others pay for a similar (albeit with human driver) service.
I'm also reminded of Kindle books: the big promise way back when is that they'd be significantly cheaper than paperbacks. But if you look around today, the prices on Kindle books are similar to that of paperbacks, even more expensive sometimes.
Sure, when costs go down, companies in competitive markets will lower prices in order to gain or maintain market share. But I'm not convinced that any of those things you mention will end up being competitive markets.
Just wanted to mention:
> AI Law Enforcement: Will piece together all the evidence in a split second and come up with a fair judgement. Will prevent crime before it happens by analyzing body language, emotions etc.
No thanks. Current law enforcement is filled with issues, but AI law enforcement sounds like a hellish dystopia. It's like Google's algorithms terminating your Google account... but instead you're in prison.
It costs me, the consumer, 2x what Lyft or Uber would cost me.
I paid $21 for a ride on Mon that was $9-10 across Uber and Lyft. I am price inquisitive so I always double check each time.
Consider they are competing against the Lyft/Uber asset-light model of relying on "contractors" who in many cases are incapable of doing the math to realize they are working for minimum wage...
Taking a cut of existing businesses/models (taxi, delivery, b&b, etc).
So it’s not just the products that get cheaper, it’s the materials that go into the products that get cheaper too. Heck, what if the robots can build other robots? The cost of that would get cheaper too.
I hate to break the illusion, but scientific progress is not being held up by a lack of novel hypotheses
*Capitalizing as in turning into an owned capital asset that throws off income.