[anthonypasq]

how is this idea still so persistent? The fact people are able to run open models with about the same performance at 1/10th the cost should make it glaringly obvious that Anthropic has massive inference margins at api pricing.

[entrope]

I think the idea conflates price discrimination -- where people on individual subscriptions pay a much lower price per token than corporate accounts pay -- with using venture capital funding for opex. Both are subsidies in some senses, but the former is sustainable indefinitely.

[preg_match]

When people say "subsidized pricing" they're usually referring to subscription pricing, not API pricing.