Seems a bit of a disingenuous framing. Most of the arguments I see are some mix of

1. Their figures have been pretty dodgy or excluded training costs so why is it trustworthy this time?

2. API inference charged at a profitable level rather than heavily subsidised subscriptions means everyone tightens up their usage + governance Which we very much saw with the rise of openrouter et al.

Personally I think there's a lot of the bait and switch of 2 when people talk about profitability of the 10-20% of API usage for Anthropic while also wanting to lump in subsidised chat users as if they're profitable too.

I think we know if it was this clear cut then the behaviours of companies would be wildly different and more consistent with profitability.