The Emerging Economy of LLMs
Throughout the entire history of humankind, all social and economic revolutions were kickstarted by disruptive technologies. The invention of the plow and irrigation systems, 12,000 years ago, led to the Agricultural Revolution. The invention of the printing press by Johannes Gutenberg in the 15th Century led to the Protestant Reformation and rescued all of Europe out of the Middle Ages and into the Renaissance era.
Now it’s the AI revolution era. In particular, Large Language Models (LLMs) represent a huge leap forward in technology, prompting profound economic implications at both the macro and micro levels. From reshaping global markets to fostering new forms of currency, LLMs are sculpting a novel economic landscape.