Many are rightly asking, "And who created this 'supply-constrained environment,’ Sammy?" But Altman and his peers aren't facing a component crisis. Orders for GPUs are piling up for data centers that may or may not be built, but there aren't lines of customers waiting for them to come online. No business outside of an AI lab is being throttled by lack of access to cloud inference. There isn't a single customer with money in hand, willing to pay what it actually costs, who can't buy enough AI.