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Is this free markets in action, subvention by VC money or both?
by miohtama 4y ago
Is this free markets in action, subvention by VC money or both?
- itake 4y agoMy guess is lower pricing makes the product more accessible to more people (and business models).
- thorum 4y agoI'm sure those are factors, but it's mainly (1) GPU prices have dropped significantly, and (2) a lot of progress is happening in optimizing large language models to be more efficient while maintaining performance.
- aabhay 4y agoIt's an indication that OpenAI picked the wrong place to monetize. Picks and shovels are rapidly falling to zero margin.