Race-to-the-bottom economics strikes again.
One thing that kept Anthropic's revenues afloat is its price premium over OpenAI. They're not winning the token volume game (see attached chart from ramp). sama and co will have of course have their own response to Anthropic's release barrage soon. but pray tell, how does a company meet hundreds of billions in compute commitments, when its prices are falling faster than token consumption rises? Not to mention cannibalization effects as corpo's move their wage slaves from Sonnet to Haiku to save $$ on drafting marketing emails and project updates.
Dario's $2T paradox.