Earlier quoted context omitted.
Competition is for losers. 10 years ago the battle was microsoft vs yahoo and whoever...and it turned out the ones to pay attention to were fb and twtr...etc. The big innovation, the one to dominate headlines in 10 years, is likely unknown, run by a few guys on a shoestring and barely on the radar right now.
MS, Apple, and Google are very much still around. Twitter and Yahoo are up for sale. FB is the only innovator on your list that could be classed as a newcomer. And it's been around for more than a decade. I doubt we'll see the big innovation from a garage now, because the cost of entry has become too high for shoestring operators to succeed. ML training needs fast, expensive hardware. You can experiment with it on a…
This isn't the 1990's. AWS exists. Not to mention how hot VC is for AI startups.
Sure, we won't have 15-year olds making the next AI breakthrough but to say that AI is solely in the realm of "big business" is naive.