Jevon's Paradox & AI

What is Jevon's Paradox? TLDR is when efficiency increases total resource consumption should technically increase instead of reducing it.

The biggest example comes from 1865, when economist William Stanley Jevons observed that as steam engines became more efficient, coal consumption in England actually increased.

Now as artificial intelligence makes processes more efficient from writing code to optimizing nearly every aspect of our lives, we might be witnessing a new version of Jevon’s Paradox play out.

Or it's not the case? When smartphones appearead we didn't buy more landlines, or when cars are invented not soon after horses disappeared from the street. Or like the industrial revolution it won't be as cataspthrophic for human kind as we think?

So the real question might be: will AI amplify our consumption or replace what we consume altogether?