The Jevons paradox or Jevons effect is an economic phenomenon said to occur when technological improvements that increase the efficiency of a resource's use lead to a rise, rather than a fall, in total consumption of that resource. Greater efficiency reduces the amount of the resource needed per application, lowering its effective cost; if demand is sufficiently price elastic, this induces demand, frequently resulting in a net increase of total resource consumption.

In 1865, the English economist William Stanley Jevons observed that technological improvements that increased the efficiency of coal use led to the increased consumption of coal in a wide range of industries. He argued that, contrary to common intuition, technological progress could not be relied upon to reduce fuel consumption.

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[–] 1 point 1 week ago* (last edited 1 week ago) (2 children)

please don't put your citation as the title (seeing that you're not the only one—unless you're posting from different accounts—you can ignore this.)

what attracts you to this article and what, according to you, is worth other's attention?

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  • [–] [S] 2 points 1 week ago (1 child)

    please don’t put your citation as the title

    sorry i forgot the rules in this comm; i edited the post to put just the article title as the post title and quote the first two paragraphs in the post body

    what attracts you to that article and what, according to you, is worth other’s attention?

    the interestingness seems self-evident in this case, but what caused me to post it specifically now was being reminded of it by a comment which mentioned it recently (which i can't find now) which pointed out that as LLMs become more efficient, it's unlikely that will lead to a reduction in overall power consumption as the increase in use of them will outpace the efficiency improvements.

    While failing to find that comment I just found another one citing Jevon's paradox in the context of cost and demand for software development.

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  • [–] 2 points 1 week ago* (last edited 1 week ago)

    sorry i forgot the rules in this comm; i edited the post to put just the article title as the post title and quote the first two paragraphs in the post body

    seems like I edited my comment while you were posting yours. I was about to edit the sidebar when I saw that @cm0002@no.lastname.nz too does post citations as titles. Considering that you're the most frequent posters of the comm, I thought, i should follow. I won't be bugging you about the titles from now on. Do as you wish :)

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