> The demand for high-power AI still exists, the products that Apple sells today do not even come close to meaningfully replacing that demand.

Correct, though to me it seems that this comes at the price of narrowing the target audience (i.e. devs and very high-demanding analysis + production work).

For almost everything else people just open a bookmarked ChatGPT / Gemini link and let it flow, no matter how erroneous it might be.

The AI area is burning a lot of bridges and has done so for the last 1.5 - 2.0 years; they solidify the public's idea that they only peddle subscription income as hard as they can without providing more value.

Somebody finally had the right idea some months ago: sub-agents. Took them a while, and it was obvious right from the start that just dumping 50 pages on your favorite LLM is never going to produce impressive results. I mean, sometimes it does but people do a really bad job at quickly detecting when it does not, and are slow to correct course and just burn through tokens and their own patience.

Investors are gonna keep investor-ing, they will of course want the paywall and for there to be no open models at all. But happily the market and even general public perception are pushing back.

I am really curious what will come out of all this. One prediction is local LLMs that secretly transmit to the mothership, so the work of the AI startup is partially offloaded to its users. But I am known to be very cynical, so take this with a spoonful of salt.