onesociety2022 14 hours ago

But there a ton of other VCs who poured money into SaaS businesses. They have the opposite incentive. They want tokens to be cheap like a commodity so the value accrues in the SaaS/app layer.

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hamandcheese 13 hours ago | parent [-]

Cheap tokens only benefits SaaS that depends on AI. Otherwise, cheap tokens means it is only more cost effective than it already is to cut out the SaaS and build instead of buy.

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Ericson2314 11 hours ago | parent [-]

Yeah maybe *both" sass and training companies are wiped, imagine that!

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pishpash 10 hours ago | parent [-]

Maybe AI is deflationary, in the right hands.

	▲	eru 7 hours ago \| parent [-]
		Increases in productivity are deflationary, all else being equal. (And that's good, that's how it's supposed to work. See eg prices for transistors or hard disks or solar power over the last few decades.)