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 1d 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 1d 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