When we say below market rate, what do we mean? The token economics are definitely such that they are charging more than it costs to serve these models with reasonable assumptions on param/activated size.
No, they are still in the disrupt phase of the strategy. They have enough money to operate at a significant loss. So the play is to heavily subsidize, ingrain until a business can’t function without them. Think Jack Dorsey Thanos snap where 50% of the company is let go. Then jack up prices after a couple years.