There’s still untapped value in deeper integrations. They might hit a jackpot of exponentially increasing value from network effects caused by tight integration with e.g. disjoint business processes.

We know that businesses with tight network effects can grow to about 2 trillion in valuation.

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oblio 5 days ago | parent [-]

How would that look with at least 3 US companies, probably 2 Chinese ones and at least 1 European company developing state of the art LLMs?

	▲	DenisM 4 days ago \| parent \| next [-]
		Network effects usually destroy or marginalized competition until they themselves start stagnating decaying. Sometimes they produce partially-overlapping duopolies, but maintain their monopoly-like power. Facebook marginalized linkedin and sent twitter into a niche. Internet Explorer and Windows destroyed competition, for a long while. Google Search marginalized everyone for over 20 years. These are multi-trillion-dollar businesses. If OpenAI creates a network effect of some sort they can join the league.
	▲	drob518 5 days ago \| parent \| prev [-]
		Like a very over-served market, I think. I see perhaps three survivors long term, or at most one gorilla, two chimps, and perhaps a few very small niche-focused monkeys.