Comment by ronsor
2 days ago
The difference is that Bloomberg Terminals were always expensive, and so people expected to pay. LLMs are basically free (subsidized) at this point, and people are very sensitive to large price increases.
2 days ago
The difference is that Bloomberg Terminals were always expensive, and so people expected to pay. LLMs are basically free (subsidized) at this point, and people are very sensitive to large price increases.
Sure and I’m sure there would be a huge shock, but simple economics would dictate that if that’s the true equilibrium of price for LLMs to be economical, then it would have to get to the price eventually