Q. The term "Jevons Paradox", that was recently seen in news, is most commonly associated with which sector?
Answer: Energy and Resources
Notes: Satya Nadella discussed Jevons Paradox, noting AI efficiency may increase demand and make it a commodity. Jevons Paradox states that technological progress making a resource cheaper often leads to higher demand rather than reduced use. It was proposed by William Stanley Jevons in 1865. Jevons observed that technology improving coal efficiency led to more coal being used, not less. Technological progress satisfies needs that couldn't be met before due to lack of technology.

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