Chamath: Chinese models run 112x cheaper than Anthropic — $0.50 vs $56 per million tokens

2C_ornot2C · x · 2026-11-05

Breaking down CNBC numbers from Chamath: a "barrel of intelligence" per million tokens costs $56 at Anthropic, $26 at OpenAI, $1.50 at Meta, $1 at xAI and Google, and $0.50 for Chinese models — a 112x gap.

Key claims: this is the steepest commodity price curve in tech history (oil took 40 years to compress that far, semiconductors 20, AI inference months); premium-priced labs are betting trust, safety and enterprise ties hold the markup until costs fall — but the $0.50 model is already a working product.

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