Comment by munk-a

This is a really awkward situation because while we'd really want the market to sort of auto-balance the costs between different suppliers it's also really hard to look at PE ratios right now and believe that the market is anywhere near sane. OpenAI could trivially monopolize the water supply in CA[1] with its current warchest and that would, for everyone, be terrible in some fundamentally obvious ways - so we've clearly got a pretty gigantic misalignment in the market which means we're reliant on the government specifically picking winners but ideally doing so in a sensible manner.

How many well cooked dinners is a prompt worth? Not nearly as many as the market currently says. If it were anything less vital we could probably just ride it out until the bubble bursts but if acceleration continues then in time water usage might actually rise to the levels that the most fear mongering folks are saying it's at.

1. Accidentally even - without even reaching into the realm of malicious intent.