Tulip futures skyrocketed, it was economic speculation on a useless asset, not supply and demand. Crypto is the analogy, not AI. Given that the major AI labs other than GDM are private, this is even more true.
Agentic coding absolutely blew up from demand, users are not being tricked into paying $200 a month, and they’re not complaining about hitting rate limits because it’s useless.
This belief is so common amongst AI collapse people online. I'm guessing these people have only used free ChatGPT or worse, they use Windows and get Copilot shoved down their throats?
Meanwhile, I'm flying around with a $20 Codex subscription doing everything from writing code, analyzing stocks, coming up with ideas, etc.