If lab compute grows 3x year over year while revenue grows 10x, either lab margins must increase to capture the surplus or compute prices must rise so suppliers below the labs capture it.

“So that leaves only two options for how you can get out of this gap between the fact that lab compute only increases 3X year over year,”

“but revenue increases 10X.”

“Either the lab's margins have to increase so that they get this surplus or the price of compute has to increase so that everybody in the stack below the lab gets a surplus.”