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Posted by mlenhard 7 hours ago

The AI Credit Resale Economy(vectoral.com)
178 points | 67 commentspage 2
baobabKoodaa 5 hours ago|
Cyberpunk dystopia vibes
bwfan123 4 hours ago||
> Cyberpunk dystopia vibes

right. Abstractions taken to the max. When tech solves problems that only 0.001% care about. NFT smelt similar.

TZubiri 6 hours ago||
Men breaching Sauron's ToS by reselling their nine rings of power, and they think they are beating the system.
tantalor 5 hours ago||
> I checked where you’d expect to find underground marketplaces. Telegram had a few channels, with one being relatively active.

It's not exactly "underground" if they clearly advertising public channels out in the open.

arjie 6 hours ago||
Yunwu.ai was a nice way to get ultra-cheap tokens that someone will probably spy on you with, but they no longer offer US models.

At first I thought it was so people could steal the traces, but now I wonder if this isn't just laundering startup credits for dollars.

theli0nheart 5 hours ago||
They were never offering actual US models. We tested them extensively and it was clear whatever they were passing as Anthropic were simply mediocre distillations based on Kimi.
arjie 4 hours ago||
Haha! Incredible. What a scam! Too good to be true, I suppose. I never used it for anything meaningful because everything meaningful is also tragically sensitive so I suppose I didn't notice.
npn 6 hours ago||
There are like thousands sites with similar features all using newapi core.

You can easily find them in Chinese tech forum linux.do

SatishPophale 5 hours ago||
yep, with projects like open api/newapi it takes maybe 10 min to pin up and openAi compatible poxy gateway. The cheap prices look tempting until the relay operator logs all your prompts or the upstream account gets banned mid-request.
topbanana 6 hours ago||
So are they stealing from their employers or is something else going on?
dzonga 5 hours ago||
nope - a.i companies to promote their platforms offer 'a.i' credits to startups usually worth 10ks, 100ks worth of credits in $ terms.

so to a startup - you can trade your credits - then get actual cash.

just like you would if trading debt etc.

rfgplk 4 hours ago||
What is the logic behind selling at such a steep discount? Lack of buyers or trust? Seems insane to sell tham at -50% or more, especially since you can use them yourself (if you're a startup)
manquer 4 hours ago||
Risk-reward calculus. A buyer may not take the risk or hassle of going underground only for a small upside. Basically it is not as tempting at 90% of list price, but it is at 10% .
huflungdung 6 hours ago||
Stolen credit cards

Demo accounts

Free trials

Unlimited chat relays (eg chatgpt chat)

Leaked company credentials

Etc

notpushkin 6 hours ago||
And I’m pretty sure that’s just the tip of the iceberg.
andy99 5 hours ago||
What does the demand side look like? I understand why people have these tokens they want to sell, who wants to buy them?
namelosw 4 hours ago|
Chinese. There are large number of Chinese people who are dependent on the Western model because they're still ahead of the game. But they're continuously getting banned and getting super frustrated.

Especially for Claude because Anthropic is very good at identifying mainland Chinese and getting them banned in hours. There are many of them who are willing to pay more than the original rate for a stable experience.

It's very hard for them because they'll need a legit phone number and bank cards that are not issued in China, and a clean enough IP, etc. and those better match together to make sense. (Back in the day, ChatGPT required resident IPs, which made it worse, but they worry about growth more now). Obviously, they have to use a VPN to access the real Internet, and most of the IPs they can find are shared with bots and abusers.

tclancy 5 hours ago||
Hey Claude, scan these marketplaces for arbitrage opportunities.

The thing will eat itself unless the AI companies find a way to make money directly from it.

ander33 5 hours ago||
This would be a fantastic method of getting data for distillation, would be surprised if that's not why the tokens are so cheap
toomuchtodo 6 hours ago||
Cool to see my thesis validated.

https://news.ycombinator.com/item?id=48664223

zuzululu 3 hours ago|
man seems like this entire thread invited a bunch of ads for exactly the thing talked about in the article

can't they detect if someone is reselling their tokens like this ? doesn't seem too hard

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