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this post was submitted on 10 Jun 2023
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Technology
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I think this is the main reason for the insane prices, but it could have easily been avoided. They don't need to have one price class for every type of use of their Data API. They could have easily had one rate for LLM and other AI training uses and another for third party client applications. I feel like at some point they realized they'd rather just kill the third parties while they're at it and this seemed like the logical moment.
Yeah, one of the other answers to the AMA was "we are not profitable yet, unlike the 3rd part app devs..." - that is something that wouldn't sit well with any investor I know