AI will not be able to eat up all chip manufacturing capabilities forever. At some point the market will be saturated and PCs will get affordable again.
> I think that the Pareto Principle is technically true in a lot of fields, but I also feel our society would be a lot better off if we didn’t know about it.
I doubt that. From what I understand Vilfredo Pareto introduced it to describe the existing allocation of wealth in Italy on the brink of fascism. He claimed that the crops in his garden followed this principle. I highly doubt that that can be replicated. Ever since people refer to the Pareto principle when they observe a 80/20 distribution. Like it is some kind of natural law. But it is not. At least I have yet to see a scientific explanation why a 80/20 distribution would have any kind of special meaning. Just because some distributions are 80/20 doesn't mean there is anything special about it, a lot of distributions are not 80/20.
So I think society would be better off if people would stop acting like it is a natural law and there is nothing to change about it.
Paereto distribution is dangerous since it is applied to justify hierarchies in society. And it is just not a good justification.