I imagine if they keep raising capital then they won't, but if FB keeps releasing high quality open models they might suck the air out of the room.
I think Meta's long game is to have it's own AI products as they only AIs allowed in the Meta ecosystem. Right now it's a silly chatbot, but advanced AI + Metaverse could change everything.
Imagine an AI model of the world's best Italian tutor, students with Quest headsets taking virtual trips to Rome.
Even a cheap language tutor is 20$ an hour. With AI it'll basically be free.
And that's one subject, think about physics, mechanics, medicine? All taught in VR with advanced AI.
It's a trillion dollar opportunity. If I was a bit younger I'd be prototyping this right now and trying to get a startup going. I'm older and fully understand such software will take hundreds of millions to build...
Still , Meta has that potential. I'm very excited for the future of this space.