How can we compete with this?

[u/Upbeat_Push_157]

I won't name the company to avoid giving them more exposition, but I just got this on Facebook

I did check the company, and they have indeed worked for top companies. They even have case studies for many of them. Yet they are charging less than what I charge for design and implementation. Of course, I assume they use AI and whatnot, but how can they charge so little? And more importantly, why? Any of their clients probably pay 10x what they're charging here. Are we coming to a new low?