Latest / ELECTE's Podcast: AI Frontiers
The price is zero. The extraction is real.
AI services priced at zero still extract real value. Consumer surplus isn't disappearing — it's being converted into the monopolist's asset. User prompts, corrections, and behaviour fuel model improvements and lock-in. A price-only view of competition policy misses the mechanism entirely. Data portability, interoperability, and contract scrutiny are the levers that matter.
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AI Frontiers is produced by ELECTE, the AI-powered analytics platform for European SMEs.
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