AI model providers have zero "moat", clients change them as they see fit. This week ChatGPT, next week Claude. The real value is and going to be in hardware - as long as China doesn't enter the GPU/RAM race.
I increasingly see AI investment, generally speaking, as a lost cause. It has very little chance to pay off.
I increasingly see AI investment, generally speaking, as a lost cause. It has very little chance to pay off.