Unimaginable sums of money can only come from oil rich countries. They are probably just mentally trying to accept that they are going to take the money from these nations. The word "open" is still under threat in this scenario too.
Unimaginable sums of money can only come from oil rich countries. They are probably just mentally trying to accept that they are going to take the money from these nations. The word "open" is still under threat in this scenario too.
You mean like the United States? The world‘s largest oil producer?
Why is everyone so sure that technology can’t be the moat? Why are you convinced that all AI systems will be very similar in performance and cost, hence be interchangeable? Isn’t Google the perfect example that you can create a moat by technological leadership in a nascent space? When Google came along it was 10X better than any alternative and they grabbed the whole market. Now their brand and market position make i…
ChatGPT isn't ten times better than Gemini or Claude, is it? Even if they magically released such a model, the competition would quickly catch up. The competition has similar or better resources.
This is key. I remember when Google came out. It was amazingly better than anything else I'd tried up to the point. By contrast, I'd argue that OpenAI's advantage is smaller today than it was when they launched GPT3 in 2020.