{"id":223604,"date":"2026-03-14T14:00:00","date_gmt":"2026-03-14T18:00:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/03\/14\/how-artificial-intelligence-is-destroying-capital-in-the-knowledge-economy\/"},"modified":"2026-03-14T14:20:13","modified_gmt":"2026-03-14T18:20:13","slug":"how-artificial-intelligence-is-destroying-capital-in-the-knowledge-economy","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/03\/14\/how-artificial-intelligence-is-destroying-capital-in-the-knowledge-economy\/","title":{"rendered":"How artificial intelligence is destroying capital in the knowledge economy"},"content":{"rendered":"<p><a href=\"https:\/\/www.afr.com\/policy\/economy\/history-tells-us-a-golden-age-can-come-after-the-ai-apocalypse-20260310-p5o95k\">How artificial intelligence is destroying capital in the knowledge economy<\/a><\/p>\n<p><a href=\"https:\/\/www.afr.com\/policy\/economy\/history-tells-us-a-golden-age-can-come-after-the-ai-apocalypse-20260310-p5o95k\">https:\/\/www.afr.com\/policy\/economy\/history-tells-us-a-golden-age-can-come-after-the-ai-apocalypse-20260310-p5o95k<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-03-14 14:00:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.afr.com\">www.afr.com<\/a><\/p>\n<p> In 2021, building a minimum viable software product took a team of engineers three months and cost roughly $50,000. In 2026, a single person with an artificial intelligence coding assistant can produce the equivalent over a weekend for a few thousand dollars in application programming interface costs. McKinsey found that generative AI reduced developer task completion times by 20 per cent to 45 per cent across common coding activities.<\/p>\n<p>Start with the accounting. Under international standards, intangible assets must be written down when their carrying value exceeds their recoverable amount. If the cost of replicating a piece of software has fallen by a third to a half, then the intellectual property on thousands of corporate balance sheets is overstated by a corresponding margin.<\/p>\n<p>Loading&#8230;<\/p>\n<p><a href=\"https:\/\/www.afr.com\/policy\/economy\/history-tells-us-a-golden-age-can-come-after-the-ai-apocalypse-20260310-p5o95k\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>How artificial intelligence is destroying capital in the knowledge economy https:\/\/www.afr.com\/policy\/economy\/history-tells-us-a-golden-age-can-come-after-the-ai-apocalypse-20260310-p5o95k Publish Date: 2026-03-14 14:00:00&#8230;<\/p>\n","protected":false},"author":1,"featured_media":223605,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/static.ffx.io\/images\/$zoom_0.3311%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_800%2Cq_88%2Cf_jpg\/t_afr_opinion_no_age_social_wm\/5a1606d5553cc8e71d48d55475a6c7e05543fdb6f170c0b33dfb89f8fab6a9ea","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[19],"class_list":["post-223604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-generative-ai"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/223604"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=223604"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/223604\/revisions"}],"predecessor-version":[{"id":223606,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/223604\/revisions\/223606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/223605"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=223604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=223604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=223604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}