The economic regime that emerges when the cost of execution approaches zero and the premium on deciding what to execute rises correspondingly — the Smithian reading of the You On AI moment.
The judgment economy is the name for what comes after execution becomes abundant. In the pre-AI economy, the scarce resource was the executor — the person who could translate intention into artifact through specialized skill. The premium flowed to those who could do the work: write the code, draft the brief, build the model. In the AI economy, execution becomes cheap; the scarce resource becomes the person who can decide what should be executed, for whom, and to what standard. The premium flows to judgment, taste, vision, and the knowledge of particular circumstances that no machine can supply.
The Judgment Economy
In The You On AI Field Guide
This inversion has precedents across the history of technology. When photography made images cheap, the premium shifted from technical image production to aesthetic judgment about what images were worth making. When desktop publishing made typography cheap, the premium shifted to editorial taste. When video production became accessible to anyone with a phone, the premium shifted to