alt Hacker NewsI'm not sure the "a year of document processing for under 100 USD/y" is such as great thing as you think it is (at least not for European competitiveness)... It means Mistral is essentially setting a revenue ceiling very low. OCR is a commodity at this point, and open source models, AWS, etc already do it out of the box.
Plus, you can't really build loyalty on a 100 USD/Y price tag. Since there are no switching costs holding them back, those buyers will leave the moment somebody offers a lower rate. An easily cloned, low cost tool with zero customer lock in is not a business. It is a feature.
That might sound great for the buyer (you), but it is a terrible strategy if we want a European company to compete long term against global competitors on actual product merit instead of just regulatory arbitrage.
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How is that different from any other model provider, though? I used to use Anthropic for 100% of my code. Now I use GLM 5.2 for half of it, and as soon as something better appears, I'll use that.
well all commodities are like this. replace AI with milk, or plastic. It's easy for me to just move to different milk provider, this does not mean that milk industry is not a business.
And yes, its good that "its good for buyer" after all we do business so that living would be nicer, not the other way around (live to do business)