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> How does one put a dollar value on a $10-30 GPT-4 pro subscription?

I’d estimate it at somewhere in the region of $10–$30, personally.

Exactly.

Modest inflation is good because it encourages investment.

Japan suffered fifteen years of deflation starting in the early 1990s. It wasn’t an economy anyone should envy.

Right, a burger and fries is $15 but a ChatGPT pro subscription is only $10, life is good!

2030: “Well a loaf of bread is $50 but a loaf of mostly-sawdust is $10 so we’ll sub that in the basket of goods as equivalent; the median house is $2m but girlfriend chatbots are too cheap to meter. Looks like yet another year of low consumer price inflation!”

I don't know why this example gets presented as absurd all the time. Food is a vital good. If you have a population with a certain calorie demand and don't have enough calories, in 3 months you no longer have the population.

Food: you literally die without it.

ChatGPT: nothing of value is lost.

Look at your iPhone and realize that in any desperate situations, the burger and fries gets more and more valuable.