It does have a use but not in the colloquial sense, history is plastered with bad winners yielding to their predatory instincts and a malicious Jinn is one of infinite ways you can visualize something that pulls/pushes into the abyss for a competitive comparative sense of superiority. Understanding it doesn't make it happen less because the phenomena exhibits in circles that mock thought itself. But taking it into consideration in thought does tend to improve the outcome of novelty the same way an engineer looks as Murphy's Law as a warning not to seek positive thoughts for the sake of it but look at failure modes because they're central to good design
There's multiple ways to look at the economy, the raw exchange of dollar currency in a debt chase (shit I need to run faster & pay down this stuff!), there's the productivity of industrial output (shit we need to sell more junk and useless crap!), and there's the stock and productivity in optimal life cycles (Damn, that Nokia is a tank!)
If 10% of the population went away, it would affect 1 & 2, but in any true practical lens, there's a ton of cheap empty houses, while on the other hand building repairable stuff that lasts or enough cheaply is where economies move to more complex technologies by saving time and effort in useless endeavour of debt chases or consumption-oriented wasteful productivity
There's a certain level of proper model selection where leveraging the capabilities prove optimal in certain tasks with Claude 5.8 excelling in structuring and a mid-tier such as GLM 5.2 can get a lot of heavy lifting done with relatively reasonable better returns given the prompt is crafted according to the way those models work.
With token prices going up for many of the smarter models, I was pondering about how to be more efficient with prompts. Also, there IS an infinite loop possibility in coding agents.
So, knowing what I want was usually the most accurate predictor for costs (other than the small tricks) amongst other things. Here's an outline of some of those solutions about optimizing Claude tokens on my blog