Because lack of talent and organizational disfunction matters a lot more than you think. The reason why OAI and Ant are always at the top is because of this and I’d say compute is third on the list.

I would argue that they actually don’t lack talent, they have an insane bench of really smart people. What they lack is any sort of direction and leadership. They are a ship lost in the ocean and up until now have been lucky to find a few treasures along the their way.