DeepSeek cut prices 75%. The 100x problem remains

DeepSeek's recent decision to drastically cut pricing on its V4-Pro model by 75% should have been unequivocally good news for enterprise AI vendors and developers. Instead, many are discovering that cheaper models don’t automatically translate into healthier margins. The reason is simple: While inference costs plummet, agent systems are voraciously consuming tokens faster than prices are declining.