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free_bip 40 minutes ago

Indeed, artists provide a very valuable service. It's a shame the AI industry feels they're replaceable when they're obviously not.

Cider9986 38 minutes ago | parent [-]

Their price is based on supply and demand just like everything. If AI decreases demand or raises supply then their price will go down.

free_bip 30 minutes ago | parent [-]

Basic economic theory states that only holds if the goods / services being provided are equivalent in the eyes of consumers. It seems self evident here that consumers do not consider them equivalent.

Cider9986 25 minutes ago | parent [-]

You said that the AI industry feels they're replaceable. I'm not saying that AI does equivalent work, I'm saying that AI companies don't choose the prices for art, they just play in the market.