> In a compute-constrained world where model demand is growing faster than capacity

I don't buy it.

There have been recent weeks where some of the mid-level models (Hy3, Laguna M.1) are free (true for parts of June and July, see Hy3 in Cyan) . Even then the total token usage appears to be reaching a steady-state.

https://openrouter.ai/rankings#top-models

^ the first graph is tokens per week across all models

I guess we just can only throw ideas at an LLM at a certain rate.

I still have ideas and now I can have an LLM vibe code what I want, but I'm not going to let an agent just run unattended for longer than a few minutes or a few bucks for hobby projects.

So maybe it is a matter of lowering the cost of an LLM so I can let it churn for hours at a cost of pennies... But I suspect demand for tokens is very price-elastic.