A key difference is that the cost to execute a cab ride largely stayed the same. Gas to get you from point A to point B is ~$5, and there's a floor on what you can pay the driver. If your ride costs $8 today, you know that's unsustainable; it'll eventually climb to $10 or $12.
But inference costs are dropping dramatically over time, and that trend shows no signs of slowing. So even if a task costs $8 today thanks to VC subsidies, I can be reasonably confident that the same task will cost $8 or less without subsidies in the not-too-distant future.
Of course, by then we'll have much more capable models. So if you want SOTA, you might see the jump to $10-12. But that's a different value proposition entirely: you're getting significantly more for your money, not just paying more for the same thing.
But inference costs are dropping dramatically over time, and that trend shows no signs of slowing. So even if a task costs $8 today thanks to VC subsidies, I can be reasonably confident that the same task will cost $8 or less without subsidies in the not-too-distant future.
Of course, by then we'll have much more capable models. So if you want SOTA, you might see the jump to $10-12. But that's a different value proposition entirely: you're getting significantly more for your money, not just paying more for the same thing.