But he did make good points though. AI was perceived more dangerous when only select few mega corps (usually backing each other) were pushing its capabilities.

But now, every $50B+ company seems to have their own model. Chinese companies have an edge in local models and the big tech seems to be fighting each other like cats and dogs for a tech which has failed to generate any profit while masses are draining the cash out from the companies with free usage and ghiblis.

What is the concrete business model here? Someone at google said "we have no moat" and i guess he was right, this is becoming more and more like a commodity.