[lowbloodsugar]

His point is that coding is only a “market” because it is being sold at a loss. Businesses have to pay per-token prices and are saying that the cost is not justified.

Nevertheless, it all misses the point if we get to AI post-scarcity utopia. But thats a big if.

[sumeno]

It doesn't miss the point because if we get to some AI post-scarcity utopia then the companies pouring trillions into it now are never going to make their money back on that investment.

The only way they make their money back is if everyone pays them tons of money for it.