Jensen is already talking about $1000/mil tokens soon.

But there is no real higher limit. Imagine a LLM which could answer the question "what does my company need to do to beat the competition?". And then realize that the competition asks their LLM the same question. So now everybody is bidding the price up or using more tokens to get a better answer

This is the kind of bullshit I'm worried about the most.

Nvidia has a de facto monopoly in the datacenter-tier GPU market. He says this sort of stuff because he knows he can keep jacking up prices, because the cost will be transferred onto consumers - mainly software engineers.

Complete nonsense.

In that world there’s no reason for a business enterprise to exist.