Greene: Technological advancements and lower costs lead to increased adoption and demand

Victoria Greene, founding partner and CIO at G Squared Private Wealth, discusses the recent market sell-off and emphasizes Jevons Paradox, explaining that technological advancements and lower costs lead to increased adoption and demand. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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[@MattRodriguez-h7j]

True everyone can afford cheaper AI but the profit of these companies are not going to be as big as we thought. AI will become a zero sum game like internet. If your company does not have a presence in internet then you are out. So higher cost and profits still stay the same or on par with other companies. No MOAT whatsoever. Just sellling AI services along with the current cloud sales.

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