That’s not a completely accurate characterization of what’s been happening. AI coding agent startups like Cursor and Windsurf started by attracting developers with free or deeply discounted tokens, then adjusted the pricing as they figure out how to be profitable. This happened with Kiro too[1] and is happening now with Google’s Antigravity. There’s been plenty of ink spilled on HN about this practice.
[1] disclaimer: I work for AWS, opinions are my own