[__loam]

That's delusion, not imagination. Inference is far and away more expensive than R&D and training. It dominates the cost at these companies because it represents most of the unit economics. If OpenAI is not profitable, it's because each marginal customer costs more than they bring in. That's especially true for heavy users since OpenAI charges a fixed amount per customer per month.

Couple that with a lack of pricing power thanks to all the other similar products in the market.