3 ms·
> How is it misleading if this would be the consumer's cost? Because it does not say “equivalent of”, it literally says he spent money that he did not spend
by namenotrequired 4mo ago
> How is it misleading if this would be the consumer's cost?
Because it does not say “equivalent of”, it literally says he spent money that he did not spend
- mathgeek 4mo agoThis. If I go up to my boss and say “I spent $10000 but it only cost us $1000” then I spent $1000.
- stavros 4mo agoDepends on elasticity, if you could have easily sold that $1000 worth of product and made $10k, then you spent $10k.
- namenotrequired 4mo agoNo. Then you missed the opportunity to make 9k.
- lbrito 4mo agoIf anything it cost more than the title, because customer costs are wildly subsidized. So yeah its misleading but in the other direction.
- overfeed 4mo agoInference is highly marked up. Total costs including training may be subsidized (,in a sense since the AI companies are widely reported to not break even as yet)