Vercel CEO Guillermo Rauch (@rauchg) says AI model companies have “zero loyalty” & parts of the AI boom look like the worst parts of the crypto boom: “There's all kinds of crazy things going on with AI, including people inventing token volumes. There's a lot of free promos. There's a lot of fake ZDR.” “If I was one of these companies, I would ask, ‘What percentage of my users are here just because I gave them free subsidies on a plan?’”