AI is doing to knowledge work what steam engines did to manufacturing—collapsing the cost of getting things done. Just as previous industrial revolutions made physical production exponentially cheaper, AI is now slashing the economics of cognitive tasks. What once required teams of analysts weeks to accomplish—complex research, data synthesis, strategic analysis—can now be done in hours at a fraction of the cost. This isn’t just efficiency; it’s a fundamental shift that’s democratizing access to high-quality decision-making and leveling competitive playing fields. Understanding this economic transformation isn’t optional—it’s the key to thriving when the cost of making smart decisions approaches zero.
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Credit to : Mike Walsh (Global Futurist)