> So, I'm not a believer in the classic winner takes all approach here where one company turns into this trillion dollar behemoth and the rest of the industry pays the tax to that one company in perpetuity.
I agree with this sentiment. There are a lot of frontier model players that are very competent (OpenAI, Anthropic, Google, Amazon, DeepSeek, xAI) and I'm sure more will come onboard as we find ways to make models smaller and smaller.
The mental framework I try to use is that AI is this weird technology that is an enabler of a lot of downstream technology, with the best economic analogy being electricity. It'll change our society in very radical ways, but it's unclear who's going to make money off of it. In the electricity era Westinghouse and GE emerged as the behemoths because of their ability to manufacture massive turbines (which are the equivalent of today's NVIDIA and perhaps Google).
I agree with this sentiment. There are a lot of frontier model players that are very competent (OpenAI, Anthropic, Google, Amazon, DeepSeek, xAI) and I'm sure more will come onboard as we find ways to make models smaller and smaller.
The mental framework I try to use is that AI is this weird technology that is an enabler of a lot of downstream technology, with the best economic analogy being electricity. It'll change our society in very radical ways, but it's unclear who's going to make money off of it. In the electricity era Westinghouse and GE emerged as the behemoths because of their ability to manufacture massive turbines (which are the equivalent of today's NVIDIA and perhaps Google).