Musk and Wood Debate: AI Prices Collapsing But Volumes Exploding in a Virtuous Cycle
elonmusk · x · 2026-08-19
Elon Musk responded to Cathie Wood, stating that while AI prices are collapsing, volumes are exploding. He agreed with ARK Invest's view that the price elasticity of demand for increased productivity and intelligence is enormous, setting in motion a virtuous cycle that is still in its infancy.
Related event: Musk and Cathie Wood Debate: AI Prices Plunge as Demand Explodes(2 posts)→
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