> Founding cannot be a commodity. If it is, you have no moat or point, meaning you instantly collapse again, because you are an interchangeable commodity.

With the recent AMD announcement [1], local models are likely the future indeed. Cloud will be the place for remote sessions, remote agents, continuous agents. But I foresee a place where phones, laptops, PCs, and even perhaps dedicated hardware just for AI, will be the place for most AI-related workloads.