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manquer 4 hours ago

>civilized facade of mutual cooperation

>Dirty tricks and underhanded tactics

As long the tactics are legal ( i.e. not corporate espionage, bribes etc), the no holds barred full free market competition is the best thing for the market and the consumers.

ajam1507 2 hours ago | parent | next [-]

> As long the tactics are legal ( i.e. not corporate espionage, bribes etc), the no holds barred full free market competition is the best thing for the market and the consumers.

The implicit assumption here is that we have constructed our laws so skillfully that the only path to win a free market competition is by producing a better product, or that all efforts will be spent doing so. This is never the case. It should be self-evident from this that there is a more productive way for companies to compete and our laws are not sufficient to create the conditions.

thethimble 4 hours ago | parent | prev | next [-]

The consumers are getting huge wins.

Model costs continue to collapse while capability improves.

Competition is fantastic.

mrandish 2 hours ago | parent [-]

> The consumers are getting huge wins.

However, the investors currently subsidizing those wins to below cost may be getting huge losses.

wiz21c 43 minutes ago | parent | prev | next [-]

in the short term maybe, in the long term it depends how many winners you have. If only two, the market will be a duopoly. Customers will get better AI but will have zero power over the way the AI is produced or consumed (i.e. cO2 emission, ethics, etc will be burnt)

dwaltrip 2 hours ago | parent | prev [-]

Sure, it can be beneficial. But don't forget that externalities are a thing.