I don’t don’t doubt that it might depress salaries but that excel example is a good one in that suddenly every company could start to do basic financial analysis in a manner that only the largest ones could previously afford.
> the Jevons paradox occurs when technological progress increases the efficiency with which a resource is used (reducing the amount necessary for any one use), but the falling cost of use induces increases in demand enough that resource use is increased, rather than reduced.
