Model costs continue to collapse while capability improves.
Competition is fantastic.
Model costs continue to collapse while capability improves.
Competition is fantastic.
However, the investors currently subsidizing those wins to below cost may be getting huge losses.
And yet RAM prices are still sky high. Game consoles are getting more expensive, not cheaper, as a result. When will competition benefit those consumers? Or consumers of desktop RAM?
The system isn't mathematically perfect, but that doesn't make it arbitrary. It works through an evolutionary process: bad bets lose money, better ones gain more resources.
Any claim that the outcome is suboptimal only really means something if the claimant can point to a specific alternative that would reliably do better under the same conditions. Otherwise critics are mostly just expressing personal frustration with the outcome.