In a recent speech at the Web Summit technology conference in Lisbon, Portugal (and in previous conferences), world-renown physicist Stephen Hawkins stated that AI could be either the best or the worst thing ever. Do you agree or disagree with his statement and why?

Research the differing perspectives on his statement and present your position in your initial post. Be sure to focus your response and position on the impact of AI in business (systems, data, people, and policies) and support your position with both examples and research.

answer the law of increasing costs;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.