> Not building out data centers would mean your $200 spend would be $500 no? Just supply/demand wise

Is there actually any evidence we're short on inference compute, let alone by a factor of 2.5? To me it always seemed the data centers were about accommodating some extreme predictions on future demand, scaling up training and trying to outdo one another in capturing the limited hardware.

I mean, personally, I would use atleast 2-5x more tokens if they were cheaper.

Most people seem to be fudging around with reasoning levels to get through the day and that's pretty telling.