Yeah that's the thing making my head spin, tack a 30% profit margin on that and it's 550usd per day? Probably going to be more than that for rocketship growth and investor expectations.
Is that the game? Lock in companies to this "new reality" with cheap tokens then once they fire all their devs, bait and switch to 2X the cost.
If you read history widely (across millennia and geographies), you'll note that most of the power-contests follow this pattern[0]. In the modern industrial world, the pattern becomes exponential rather than incremental. What I'm saying is that this is not unique to AI Labs[1]. This is caused by the deeply flawed and unbalanced system that we have constructed for ourselves.
[0]: The pattern, or, as gamers would call it, the "meta", is that every ambitious person/entity wants to control as much of the economic/material surplus as possible. The most effective and efficient (effort per control) way of doing this is to make yourself into as much of a bottle-neck as humanly possible. In graph-theory this corresponds to betweenness-centrality, and you want to maximize that value. To put it in mundane terms, you want to be as much of a monopoly as you can be (Thiel is infamous for saying this, but it does check out, historically). To maximize betweenness, or to maximize monopoly, is to maximize how much society/economy depends on you. This is such a dominant strategy (game-theory term, but in modern gaming world, they might call this a "cheesy strat" -- which just means that the game lacks strategic variety, forcing players to hone that one strategy), that we even have some old laws (anti-trust, etc) designed to prevent it. And it makes a lot of sense: Standard Oil was reviled because everything in the economy either required oil or required something that did. 20th-century USA did a lot to mitigate this. It forced monopolies like ATT to fund general research like Bell Labs (still legendary) towards a public good (a kind of tax, but probably much more socially-beneficial). It also broke up the monopolies, and passed anti-profit laws (e.g. hospitals were not allowed to make a profit until 1978; I have seen in the last 10 years a tiny cancer clinic grow into a massive gleaming hospital -- a machine that transforms sickness and grief into Scrooge McDuck vaults of cash). This monopolistic tendency of the commercial sector, is a tendency towards centralization, which yields efficiency, sure, but also creates the conditions for control and rent-seeking and exploitation.
[1]: Much of the cloud-computing craze was similar in character (and also failed to deliver on some of its promises, such as reducing/replacing IT overhead (they just renamed IT to DevOps)). And Web2 itself was about creating and monopolizing a new kind of ad-channel and lead-generation-machine. There is a funny twist, that a capitalist society like the USA, has much more deeply rooted incentives to create a panopticon than communist states of the past ever did. Neither is pretty of course. The communists demanded conformity and loyalty, while the capitalists demand consumption and rent.
Of course that’s the play. It’s always the play and it’s so sad to see everyone on this forum falling for it.