While this makes some of what my startup https://flowch.ai does a commodity (file uploads and embeddings based queries are an example, but we'll see how well they do it - chunking and querying with RAG isn't easy to do well), the lower prices of models make my overall platform way better value, so I'd say overall it's a big positive.
Speaking more generally, there's always room for multiple players, especially in specific niches.
Speaking more generally, there's always room for multiple players, especially in specific niches.