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Jevons' Paradox

Economic argument that cost declines from technical progress raise demand enough to offset price falls; invoked by optimists and rebutted with path dependency.

Current stories

security1 publisher

Sophos wants SOCs to test TypeSafe's Jev for accuracy and calibration before it closes alerts

Sophos cites an independent test putting TypeSafe's Jev at 83% on Banking77 with no training examples, 10 points behind a trained classifier. Jev costs about a twelfth as much per email as Claude Haiku 4.5, so SOCs will be tempted to automate at a volume where small error rates add up.

Reality

Evidence55
Adoption
Insufficient
Hype gap+20
Incentives40
Confidence50