> margins are either good or can soon become good.

Their margins are negative and every increase in usage results in more cost. They have a whole leaderboard of people who pay $20 a month and then use $60,000 of compute.

https://www.viberank.app

That site seems to date from the days before there were real usage limits on Claude Code. Note that none of the submissions are recent. As such, I think it's basically irrelevant - the general observation is that Claude Code will rate limit you long, long before you can pull off the usage depicted so it's unlikely you can be massively net-profit-negative on Claude Code.

Do you mind giving a bit more details in layman's terms about this assuming the $60k per subscriber isn't hyperbole? Is that the total cost of the latest training run amortized per existing subscriber plus the inference cost to serve that one subscriber?

If you tell me to click the link, I did, but backed out because I thought you'd actually be willing to break it down here instead. I could also ask Claude about it I guess.

It counted up the tokens that users on “unlimited” Max/Pro plans consumed through CC, and calculated what it would cost to buy that number of tokens through the API.

$60K in a month was unusual (and possibly exaggerated); amounts in the $Ks were not. For which people would pay $200 on their Max plan.

Since that bonanza period Anthropic seem to have reined things in, largely through (obnoxiously tight) weekly consumption limits for their subscription plans.

It’s a strange feeling to be talking about this as if it were ancient history, when it was only a few months ago… strange times.

So they're now putting in aggressive caps and the other two paths they have to address the gap is to drive the/their cost of those tokens way down and/or the user pays many multiples of their current subscription. That's not to say that's odd for any business to expect their costs to decrease substantially and their pricing power to increase, but even if the gap is "only" low thousands to $200 that's...significant. Thanks for the insight.

> margins are either good or can soon become good

This is always the pitch for money-losing IPOs. Occasionally, it is true.

let's see them then