I think one limiting factor here is that Big AI cannot focus on building solid, stable products that do a job well. It's okay if it happens incidentally, but doing it on purpose would be self-defeating.
Their stock price, be it public or estimated, is heavily pricing the notion that they are first and foremost Growth companies. Therefore their focus must remain on ever better and greater things. If they lose focus and get distracted by lesser endeavors, their valuations crumble, their ability to raise capital vanishes, and their runways collapse before they ever have a chance to reach their end goal, whatever that may be.
That means the boring job of productizing AI models into reliable systems that won't vanish in six months is left for a smaller company willing to pick up the crumbs. Unless they get acquired by Big AI before getting it done.
Their stock price, be it public or estimated, is heavily pricing the notion that they are first and foremost Growth companies. Therefore their focus must remain on ever better and greater things. If they lose focus and get distracted by lesser endeavors, their valuations crumble, their ability to raise capital vanishes, and their runways collapse before they ever have a chance to reach their end goal, whatever that may be.
That means the boring job of productizing AI models into reliable systems that won't vanish in six months is left for a smaller company willing to pick up the crumbs. Unless they get acquired by Big AI before getting it done.