With the never-ending progress of AI, the cost of building software will approach $0 in a not-so-near future. And more generally, the cost of immaterial products (software, copywriting, image edition) will follow a similar trend.
Value creation may then come from material products: stuff we can touch, feel, see or taste.
Your iPhone will still cost $1,000+ in five years but will provide way more value thanks to all the new software that will be developed on top. AI will accelerate the development of physical connected products, from housemaid robots to fighter drones. The complexity of robotics will be facilitated by AI-driven software development.
It’s legitimate to believe that we will see more hardware projects take off. Innovation in hardware products will accelerate significantly, and we may finally see the future we have been promised.