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In “why ac is cheap, but ac repair is a luxury”, a16z writer alex danco explains how both phenomena will impact industries He maintained that more efficient steam engines would not decrease the use of coal in british factories but would actually increase it. Read the entire piece here
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The jevons paradox does not condemn ai to be unsustainable In 1865, william stanley jevons first described a paradox Efficiency, when paired with responsibility, can become the strongest force for sustainability we have.
When technological advancements improve the efficiency of using a given resource, the overall consumption of that resource often increases rather than decreases.
Despite the coal question becoming a bestseller in the 19th century and despite jevons' historic contributions to economics, the jevons paradox was mostly forgotten about in the 20th century. Rebound efects undermine the assumption that improved technical eficiency alone will ensure net reductions in environmental harm. In short, jevons paradox occurs when improvements in efficiency lead to greater demand for a resource An early example was observed in the context of coal consumption in the 19th century.
