On the issue of the bubble, I’m right there with you, 100%. I’m not sure that “subsidized” is the right word for Anthropic’s or OpenAI’s pricing, though. I’d sa

On the issue of the bubble, I’m right there with you, 100%. I’m not sure that “subsidized” is the right word for Anthropic’s or OpenAI’s pricing, though. I’d say it’s forward-priced. Supposedly, they have claimed that inference by itself is profitable; it’s the ongoing training that is not. I don’t know what nuances apply to that, however.