Chinese models are 112x cheaper than Anthropic per million tokens.
Chamath laid it out on CNBC: a "barrel of intelligence" costs $56 from Anthropic, $26 from OpenAI, $1.50 from Meta, $1 from xAI and Google, and $0.50 from Chinese models.
That is not a pricing quirk. That is the steepest commodity curve any technology has run in recorded history.
Oil took 40 years to compress like this. Semiconductors took 20. AI inference is doing it in months.
The companies sitting at $26 and $56 are not stupid. They're buying time… betting that trust, safety, and enterprise contracts hold the premium long enough for costs to catch up.
What they cannot bet on is the timeline.
Because the $0.50 model is not a demo. I've been inside the labs building it.
I built an entire landing page with AI yesterday.
45 minutes. Start to finish. Mobile optimized. Converting.
Two years ago that would've cost $2,000 and three weeks of back-and-forth with a developer.
The leverage available to solo builders right now is unprecedented.
If you're not using AI to build, you're volunteering to be slow.
🚨 Why Bitcoin always dumps at 10 a.m. when the U.S. market opens ?
Today, Bitcoin erased 16 hours of gains in just 20 minutes after the US market opened.
Since early November, BTC has dumped most of the time after US market opens. The same thing happened in Q2 and Q3.
@zerohedge has been calling this out repeatedly, and he thinks Jane Street is the most likely entity doing this.
When you look at the chart, the pattern is too consistent to ignore: a clean wipeout within an hour of the market opening followed by slow recovery. That’s classic high-frequency execution.
And it fits their profile:
• Jane Street is one of the largest high-frequency trading firms in the world.
• They have the speed and liquidity to move markets for a few minutes.
The behavior looks simple:
1. Dump BTC at the open.
2. Push the price into liquidity pockets.
3. Re-enter lower.
4. Repeat daily.
And by doing this, they have accumulated billions in $BTC.
As of now, Jane Street holds $2.5B worth of BlackRock’s IBIT ETF, their 5th largest position.
This means most of the dump in BTC isn't due to macro weakness but due to manipulation by one major entity.
And once these big players are done with buying, BTC will continue its upward momentum.
Curiosity is a requirement for greatness. You win when you keep asking new questions every day. That’s why I am proud to announce my investment in Perplexity.
Perplexity is powering the world’s curiosity, and together we will inspire everyone to ask more ambitious questions.
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