Deepseek is realistic about this and is offering great prices.
I think that once companies are more realistic about token demand they can start making a profit
Yup, and the marginal value of the boutique models is much lower than the marginal cost. Most workflows have no need for american models.
What is China subsidises its inference providers to provide like utility level "intelligence" at or below cost globally until all the knowledge jobs in the west go the way of the manufacturing ones..