To be clear, I’m not saying 1/2x being 1/(2x) rather than 0.5x is wrong. But it’s not right either. I’m just pretty firmly in the “inline formulae are ambiguous” camp. Whichever rule you pick, try to apply it consistently, but use some other notation or parenthesis when you want to be clearly understood.
The very fact that this conversation even happens is proof enough that the ambiguity exists. You can be prescriptive about which rules are the correct ones all you like, but that’s not going to stop people from misunderstanding. If your goal is to communicate clearly, then you use a more explicit notation.
Even Wolfram Alpha makes a point of restating your input to show how it’s being interpreted, and renders “1/2x” as something more like
<span style="color:#323232;">1
</span><span style="color:#323232;">- x
</span><span style="color:#323232;">2
</span>