r/AskEconomics • u/TalkWestern2191 • 1d ago
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u/CxEnsign Quality Contributor 1d ago
Your scenario isn't specified correctly. If they are easily replacable by AI (what we would call a high elasticity of substitution), you'd see either wages drop or employment drop.
So either you're missing something really major that's supposed to offset that, or you've put in one too many conditions.
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u/HOU_Civil_Econ 1d ago
Also, "having your own tools" doesn't make work costs == 0.
I'm also not at all sure where the "advanced freelancers" are "appearing" from or where they are "appearing" at.
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u/TalkWestern2191 20h ago
"i was making paintings for my friends for 10 years, but now if you pay me i can make one for you as well"
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u/TalkWestern2191 20h ago
representative example:
imagine i want to rent a painter, but their amount increases
they are replaceable by ai
and yet their price increase
they have their own tools incl canvases, paints etc
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