China did users a solid and Qwen is a thing, so the scenario where Anthropic/OpenAI/Google collude and segment the market to ratchet prices in unison just isn’t possible. Amodei talking about value based pricing is a dream unless they buy legislation to outlaw competitors. Altman might have beat them to that punch with this admin, though. Most of us are operating on 10-40% margins. Usually on the low end when there aren’t legal barriers. The 80-99% margins or rent extraction rights SaaS people expect is just out of touch. The revenue the big 3 already pull in now has a lot more to do with branding and fear-mongering than product quality.