alt Hacker NewsWho would suspect that the companies selling 'tokens' would (unintentionally) train their models to prefer longer answers, reaping a HIGHER ROI (the thing a publicly traded company is legally required to pursue: good thing these are all still private...)... because it's not like private companies want to make money...
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Try setting up one laundry which charges by the hour and washes clothes really really slowly, and another which washes clothes at normal speed at cost plus some margin similar to your competitors.
The one which maximizes ROI will not be the one you rigged to cost more and take longer.
LLM APIs sell on value they deliver to the user, not the sheer number of tokens you can buy per $. The latter is roughly labor-theory-of-value levels of wrong.
I don’t think this is a plausible argument, as they’re generally capacity constrained, and everyone would like shorter (= faster) responses.
I’m fairly certain that in a few more releases we’ll have models with shorter CoT chains. Whether they’ll still let us see those is another question, as it seems like Anthropic wants to start hiding their CoT, potentially because it reveals some secret sauce.