This is a super interesting dynamic! The CCP is really good at subsidizing and flooding global markets, but in the end, it takes power to generate tokens.

In my Uber comparison, it was physical hardware on location... taxis, but this is not the case with token delivery.

This is such a complex situation in that regard, however, once the market settles and monopolies are created, eventually the price will be what market can bear. Will that actually create an increase in gross planet product, or will the SOTA token providers just eat up the existing gross planet product, with no increase?

I suppose whoever has the cheapest electricity will win this race to the bottom? But... will that ever increase global product?

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Upon reflection, the comment above was likely influenced by this truly amazing quote from Satya Nadella's interview on the Dwarkesh podcast. This might be one of the most enlightened things that I have ever heard in regard to modern times:

> Us self-claiming some AGI milestone, that's just nonsensical benchmark hacking to me. The real benchmark is: the world growing at 10%.

https://www.dwarkesh.com/p/satya-nadella#:~:text=Us%20self%2...