This sounds an awful lot like Yahoo not needing to compete with Google on search because they have the most valuable "web property".

ChatGPT and Google compete in the same market: a text box that answers your questions. The text box provider who can best answer the most difficult questions always wins because users don't care who they ask their easy questions to. Being a low-end text box provider is not a business model: providers either compete at the high-end or die.

Except Google already has marketshare for search and their Flash model does a decently good job there.