| ▲ | stefan_ 4 hours ago | |
I mean, a lot of people before them were "not in the model business" (Cursor et al) and it seems they got disintermediated by the model companies. Step 1 is still to have the best model, or hope for model progress to taper out. | ||
| ▲ | brookst 32 minutes ago | parent | next [-] | |
Vertical integration is hugely valuable, but revenue comes from the top of the stack, not the bottom. Apple makes great margins on hardware. They are 100% not in the CNC milling business. But their investments at that low level and vertical integration allow for higher margins at the top. Cursor had... nothing. A minor, indefensible value add to a much larger and wealthier supplier. | ||
| ▲ | jacquesm 4 hours ago | parent | prev [-] | |
> or hope for model progress to taper out No, that would kill them for sure. Or did you mean 'open model progress'? | ||