THe problem with analogies is that they are imperfect.
I would argue those who already rule the world, will continue to do so.
What happens to OAI and Anthropic? No idea, probs go bust. Google just has to offer a half-decent offering in the long run and have a cost-advantage and it'll eventually knock OAI and Anthropic out as firms figure out what combination of models they want to be best for their economics and generating returns. Enterprises trust google over OAI and Anthropic. A clear signal of this was the Apple deal.
Dont forget those sweet returns fellas! CEO's are hired to make the owners wealthier. That is not gone.
"but it can stay there so long as the balance sheet doesn't deteriorate."
Uhm, what? LOL.
People dont value firms based on balance sheets fella. Have you taken a basic valuation class?
Tesla is a nice stock for traders - they like the volatility. Nobody holds Tesla as stock for investing. If you were to truly value it on an intrinsic value basis you'd have to bring in failure risk.
I would argue those who already rule the world, will continue to do so.
What happens to OAI and Anthropic? No idea, probs go bust. Google just has to offer a half-decent offering in the long run and have a cost-advantage and it'll eventually knock OAI and Anthropic out as firms figure out what combination of models they want to be best for their economics and generating returns. Enterprises trust google over OAI and Anthropic. A clear signal of this was the Apple deal.
Dont forget those sweet returns fellas! CEO's are hired to make the owners wealthier. That is not gone.