Fantastic perspective.
Basically each new company puts competitive pressure on the previous company, and together they compress margins.
They are racing themselves to the bottom. I imagine they know this and bet on AGI primacy.
Fantastic perspective.
Basically each new company puts competitive pressure on the previous company, and together they compress margins.
They are racing themselves to the bottom. I imagine they know this and bet on AGI primacy.
> I imagine they know this and bet on AGI primacy.
Just like Uber and Tesla are betting on self driving cars. I think it's been 10 years now ("any minute now").
Notably, Uber switched horses and now runs Waymos with no human drivers.
The drivers are remote, but they are still there, dropping in as needed.