You see, it’s not that Microsoft was subsidizing nearly two million people’s compute, it’s that AI has become so strong, powerful and complex that it’s basically a different product!

While Copilot might not be “...the same product it was a year ago,” very little has changed about the underlying economic mismatch: that Microsoft was allowing users to burn more than their subscription costs in tokens every single month for three years. Per the Wall Street Journal in October 2023: