Given the spend requirements to stay on the leading edge and the speed (and with low cost) that others catch up, the economics support a fast follower model unless you get some benefit from being a pioneer. So far nobody has received a permanent benefit from being ahead.
Chinese models are barely behind the leaders. Google can catch up anytime they hit the gas. I think they’re intentionally spending less, and when this crazy race burns out they can play their cards.
Chinese models are barely behind the leaders. Google can catch up anytime they hit the gas. I think they’re intentionally spending less, and when this crazy race burns out they can play their cards.