Honest question… what IP does Perplexity have that gives them any moat whatsoever left in this increasingly commoditized market?
Honest question… what IP does Perplexity have that gives them any moat whatsoever left in this increasingly commoditized market?
A lot of the early hype was driven by how liberally they were handing out free Pro memberships. For a while, every telco, bank, etc. was handing it out as a free promotional offer. I don't think anyone I know that raved about it ever gave them a single dime.
Their product was definitely cool for a few months, but they had zero moat to begin with (considering how quickly the frontier labs caught up), and the conversion rate on those free sign-ups must have been abysmal, especially after they nerfed the free Pro subscriptions on both quality and quantity dimensions, and their own "politically neutral" DeepSeek R1 distillation didn't pan out.
ChatGPT has the name, and Anthropic has ... the writing style is less cringe? (Well, it used to be, anyway...)