milosparrow

The real question is not if the technology is going to get better and cheaper, but rather if it's going to meet the market expectations to justify trillions of USD in valuation.

> I don’t think this is naive at all; it’s quite rational that demand increases as price decreases, which does seem inevitable.

But that's not what OC is saying, isn't it? Frontier models becoming better and cheaper at the same time are not a given.

Near-frontier models that have 99% of the capabilities of frontier models, at a tenth of the cost of frontier models, might ironically be what pops the bubble.