fair enough, but the consumer is already stretched. So where is this $60-80 per month X 500MM consumers coming from?

Consumer spending is strong and growing, don't listen to dregs milking upvotes on the internet, people will easily come up with 4-5 hours of minimum wage pay in a month to cover the cost of the thing they use many times a day.

I don’t know how this can be true when almost everyone I know is struggling right now

I don't use AI for anything in my private life, only at work. And I can't really imagine what it could do for me. In no scenario am I paying a monthly subscription for it.

I know someone who doesn't have a smart phone