I had a bit of an epiphany the other day thinking about these VC companies offering products to the public at unsustainable prices. It's classic anticompetitive behavior.

You imagine anticompetitive behavior to come from a monopoly because they can afford to burn money to drive competition out before they bring prices back to profitable but the whole VC burn is the same thing. People talk about it a lot without really saying it explicitly when they talk about moats. The only moat Anthropic and OpenAI have is money and they utilize it by offering products below cost.

The two companies are just trying to outlast the other one until they are the only one left.

So it's not really enshitification as much as you were previously getting the deal of a lifetime.