Replit CEO: “companies were subsidizing the cost of AI, paying more money to Anthropic and OpenAI than they were making” Host: “Is that was you were doing?” “Uh… on v1 no, on v2 yes, bc our pricing was (is?) out of whack” (so yes). Conversations abt AI startups “eating the lunch” of established vendors should include the context that some of these hot startups w/ eye popping revenue ramps are just giving compute credits away at a discount… obviously that can lead to a lot of revenue growth. Obviously it isn’t sustainable. Remember MoviePass?