> True, with one exception: they do care if people are using the tokens to distill their own models. There is just not that much they can do about it except for clumsy heuristic type protections that will never really work.
Someone stealing from the stealing machine, oh that irony. Also hard to tell if they really have such a huge problem with it as that token spend makes their numbers go up significantly.
> One is competition from "open" models and just the complete lack of any moat for anyone this many years into things, and the second is that if all the software developers who are writing vibe coded clones of commercial software actually do lose their day jobs because the software companies they worked for go under (and if there are no more jobs for them to go to because this is happening everywhere), they eventually won't be able to afford the big lab subscriptions for personal use, so both pools of customers for the AI labs collapse in a related way.
If they hike up prices they kill demand, either because they compete with humans or open weight ... and now it's both actually. If they don't hike up prices they can't pay the bills for their absurd capex and they kill demand long term because there will be no one left to pay for it. Pretty fucked up situation I would say.
Someone stealing from the stealing machine, oh that irony. Also hard to tell if they really have such a huge problem with it as that token spend makes their numbers go up significantly.
> One is competition from "open" models and just the complete lack of any moat for anyone this many years into things, and the second is that if all the software developers who are writing vibe coded clones of commercial software actually do lose their day jobs because the software companies they worked for go under (and if there are no more jobs for them to go to because this is happening everywhere), they eventually won't be able to afford the big lab subscriptions for personal use, so both pools of customers for the AI labs collapse in a related way.
If they hike up prices they kill demand, either because they compete with humans or open weight ... and now it's both actually. If they don't hike up prices they can't pay the bills for their absurd capex and they kill demand long term because there will be no one left to pay for it. Pretty fucked up situation I would say.