The economics of AI are yet to be determined
AI feels cheap. It feels cheap because investor capital is subsidising it. Four structural forces are converging that reframe the trajectory as an open question with significant downside.
Field Notes · #strategy
AI feels cheap. It feels cheap because investor capital is subsidising it. Four structural forces are converging that reframe the trajectory as an open question with significant downside.
When AI told a consumer 'you have a good deal, don't switch', it wasn't providing information. It was giving advice. The RBA's data reveals a fundamental shift.
ChatGPT is starting to test advertising in the U.S. This does not change current marketing in Australia, but it indicates where conversational AI is heading.
2025 was the year the old marketing playbook stopped working. 2026 won't be about incremental adaptation. It will be about reconstruction.
The intent is sound. The mechanism is blunt. Once minors present as adults to evade the ban, the safety systems that protect them stop working.
AI-generated avatars as artificial customers in advertising erode trust and breach Australian Consumer Law. A note on what this means for marketers and platforms.