@_themarketbrief @davidpattersonx Deflation like we have never seen before, most white collar products will eventually cost next to nothing to pay for.
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Chris
3 posts
@davidpattersonx Even if (big emphasis on “if”) AI replaces the work of 10,000 people with one processor, the economic question remains: who has the income to buy what those companies are selling?
If you’ve used AI enough, you know this is 100% impossible
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When I say that AI will empty office buildings by 2030, some people say we won't have enough compute.
We won't need much compute.
The jobs done in a fifty-story office building will be replaced by AI running on a single processor.
The mental work a human does in a day will take only a few seconds for AI.
A detailed image, a complex spreadsheet, emails to hundreds of customers - all done in seconds.
In 24 hours, AI running on a single processor will do the work of 10,000 office workers.
Entire companies shrunk to the size of a computer chip.
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@dunik_7 Unless this material is hosted on Zillow or realtor.com, it will get no exposure and no traction
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the agent fee on the house i bought this week was $15,000 i paid $0 of it
i toured 41 homes in 90 minutes from my couch. picked 3. visited one in person. closed.
the tours weren't photos. they weren't 360s. they weren't VR.
they were photoreal 3D environments walkable in a browser tab, every room, every shadow, every angle.
the technology is Gaussian Splatting. the tool is SuperSplat. it's free.
a British engineer named Will Eastcott shipped it through PlayCanvas.
a freelancer scanned each of the 41 homes with a phone for ~$200.
/ $15,000 in commission saved.
/ $200 in production cost.
/ 3 weeks of driving around with an agent gone.
the next house i buy probably won't have one either.
dunik@dunik_7
the real estate agent profession is in its last decade. 2 million agents in the US take 2.5–3% of every deal. $50 billion a year for a job that boils down to controlling access to listings, scheduling viewings, and forwarding paperwork. all three layers just got automated. / listings: monitored 24/7 by n8n across Zillow, Redfin, Realtor. / viewings: replaced by 3D scans buyers walk through in a browser tab from their couch. / paperwork: AI qualifies the lead, routes the reply, schedules the follow-up. $200 to scan a property. $20/month to run the entire stack. zero employees. two deals a month = $25,000 in revenue at $100 in cost. the agent earning $90,000/year selling 6 homes is competing with the operator earning $300,000/year selling 24. the agent doesn't know the operator exists. the operator is going to be the agent's first client.
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@twistedkeel @BoringBiz_ Vast majority of realtors sell only 1 home per year, what do you think causes this statistic?
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@BoringBiz_ As with any argument about the advancement of technology and its impact on the workforce (see Industrial Revolution) the opponents of adoption believe there is a fixed amount of “work” to be divided up amongst the population. This is false.
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The AI labor replacement theory makes absolutely no sense to me
Here is the simple math
Let’s say an engineer making $300K/yr was generating $500K in P&L output for me.
Now I arm that engineer with $20K in input to make him 20% more productive
My total engineering cost goes to $320K/yr but the output is now $600K (+20%)
Because of AI, my ROI on hiring engineers just went up massively. As a CEO, that should make me want to hire more engineers, not less
What am I missing here? Genuinely curious about people’s thoughts
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