

Don’t call it theft. Theft is what happens when the original owner doesn’t have that thing anymore.
Nothing was “stolen”. AI just lowered the value of generic “thumbnail artists” and probably increased their value as artisans for those willing to pay for a premium service.
That’s what generative AI does: It makes stuff of mediocre quality that’s “good enough” for the masses. However, if you want something better than that, you have to pay a professional.
My hypothesis is that Baumol’s Cost Disease combined with AI is going to result in the collapse of capitalism. Where bespoke service work (e.g. hiring a thumbnail artist) is going to become more expensive over time while generic stuff that doesn’t need to be high quality is going to become cheaper and cheaper, to the point where it’s basically free. We’re almost there, actually.



Wacky!