The Schmarzo Economic Digital Asset Valuation Theorem
The "Economies of Learning" are more powerful than the "Economies of Scale."
In Chapter 6, The Economies of Artificial Intelligence, we learned that we can use Artificial Intelligence (AI) to create assets that appreciate, not depreciate, in value the more those assets are used. Both Google TensorFlow and Tesla's AI-powered Full Self-Driving (FSD) autonomous Autopilot module are continuously learning and adapting analytic assets that, through usage, are continuously getting more reliable, accurate, efficient, predictive, safe… and valuable.
In this chapter, I'll introduce the Schmarzo Economic Digital Asset Valuation Theorem (my attempt for a Nobel Prize in Economics). But before I deep ...