this post was submitted on 01 Nov 2026
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I think they are just subsidizing to gain users before the IPO though, no?
That‘s my guess too. Anthropic‘s business model was abysmal already but now the IPO looks like a really bad Ponzi scheme that is guaranteed to lose your money.
You mean subsidizing even harder - there have been absolutely no technological advances that would allow for a price drop of 77%, especially with inflation calculated in. This is the equivalent of your crack dealer giving you 4 times the drugs for your money to ensure you and your whole community get hooked.
Wondered about that. But in no case would a guy like me suddenly agree to pay for ChatGPT. It has its uses, but I probably wouldn't give a meager $5 a month. Said on here before, Altman stated his surprise that the new $200 was actually losing money. If you can't turn a buck at $200, ya got problems.