• mindbleach@sh.itjust.works
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    5 days ago

    All else being equal, demand for a product increases when the prices of its complements decrease.

    A fascinating perspective. Feels very “selfish gene.”

    Having read the article, I don’t think the headline fits. I thought it was going to be about ChatGPT 5 falling flat. Y’know, leaving no room to downplay the hype, and getting stuck with unmistakable big claims.

    I’m not convinced this angle makes sense, either. If there’s a part you monopolize, and a part you turn into a race to the bottom - OpenAI’s only participating in the race to the bottom. Everyone switched to use their thing because it’s a commodity. That doesn’t make them “the default place people go.” It makes them the current cheapest option. If every other big AI company is stuck in a dollar auction, unable to cut their losses, they’ll try to be even cheaper.

    Jevons paradox says this doesn’t even threaten revenue. People will pay twice as much to use ten times more. If token quantity and speed are already useful (citation needed) then people will find new uses. If they’re dirt cheap, who cares? The applications considered become downright frivolous.