Anthropic's $200 Claude plan now mints $200 in API credits every month. The subscription pays for itself on paper, and AWS proved 15 years ago why a company would do this on purpose. Credits are denominated at list price. A dollar of credit costs Anthropic a fraction of a dollar to serve, and plenty of subscribers will never spend theirs at all. The ones who do are the exact people worth subsidizing, because developer habits compound. AWS Activate ran the same play starting in 2013. Hand…