A professional raises concerns about pricing and value in an AI-driven market. The core dilemma: if AI tools enable completing a project (e.g., a Shopify store) in one week instead of 20 days, should the price drop proportionally from €10k to €2.5k?
Key Question:
How can professionals justify their rates when AI significantly reduces time investment?
Underlying Issue:
As technology becomes commoditized and efficiency increases, traditional time-based pricing models may no longer reflect the actual effort required.
Status:
The question remains open with no responses yet, seeking perspectives on maintaining professional value and pricing strategies in an AI-enhanced workflow environment.
Hello! Guess the main question that pops in my head when it comes to AI is how can professionals keep their value for work that can be done in a fraction of the time? For example: Let’s assume that we have a new project, a shopify store, budgeted at €10k (assuming 20 working days [email removed] €500 per day).
With the tech available today, you can do it in one week max, so should we budget €2.5k? How do you justify the cost when technology is becoming a commodity?
Thank you!
Great question! The value shouldn’t change much, it just the cost of delivery that is changing and you can capitalize on that. Using the technology to become more efficient frees you up to go above and beyond the value adds of your service. AI is pretty good at basic apps and prototypes.
Your goal now as an SME professional is to not complete with basic apps or prototypes, but to launch from those using your skills to provide next level service and features.
Don’t see AI as a threat, but a new baseline you can launch from and prove your worth.