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Re:Opus 4.5 is not the normal AI agent experience that I hav... by TeMPOraL on Wednesday January 07, 2026 @06:43PM (#46534924)
'BobbyJo didn't say "no margins", they said "margins would tend toward zero". Believe it or not, that is, and always has been, the entire point of competition in a free market system. Competitive pressure pushes margins towards zero, which makes prices approach the actual costs of manufacturing/delivery, which is the main social benefit of the entire idea in the first place.

High margins are transient aberrations, indicative of a market that's either rapidly evolving, or having some external factors preventing competition. Persisting external barriers to competition tend to be eventually regulated away.

Re:Opus 4.5 is not the normal AI agent experience that I hav... by BobbyJo on Wednesday January 07, 2026 @08:51PM (#46536099)
The point of competition is efficiency, of which, margin is only a component. Most successful businesses have relatively high margins (which is why we call them successful) because they achieve efficiency in other ways.

I wouldn't call high margins transient aberrations. There are tons of businesses that have been around for decades with high margins.