| ▲ | FergusArgyll 5 days ago | |
So much for "Monopolies get lazy, they just rent seek and don't innovate" | ||
| ▲ | NitpickLawyer 5 days ago | parent | next [-] | |
Also so much for the "wall, stagnation, no more data" folks. Womp womp. | ||
| ▲ | deskamess 5 days ago | parent | prev | next [-] | |
Monopolies and wanna-be monopolies on the AI-train are running for their lives. They have to innovate to be the last one standing (or second last) - in their mind. | ||
| ▲ | jonathan_h 5 days ago | parent | prev | next [-] | |
"Monopolies get lazy, they just rent seek and don't innovate" I think part of what enables a monopoly is absence of meaningful competition, regardless of how that's achieved -- significant moat, by law or regulation, etc. I don't know to what extent Google has been rent-seeking and not innovating, but Google doesn't have the luxury to rent-seek any longer. | ||
| ▲ | incrudible 5 days ago | parent | prev | next [-] | |
LLMs are a big threat to their search engine revenue, so whatever monopoly Google may have had does not exist anymore. | ||
| ▲ | concinds 5 days ago | parent | prev [-] | |
The LLM market has no moats so no one "feels" like a monopoly, rightfully. | ||