19,878 karma · joined March 28, 2007
Right now OpenAI and Claude (and maybe Gemini) are over the finish line with reasonable prices for many tasks whereas the rest are still in the race.
But what happens when the open weight models cross the line and it just comes down to price?
Data portability is essentially infinite with AI.
Single points of failure are a fact of life.
AI offers relative democratization. What’s going on with model competition is giving us more choice, not less.
Don’t fear change.
I’m not saying I endorse this, but that is why.
Induced demand and limitless cheap human-quality labor can possibly grow the pie very fast, though even then, you start running into the earth’s finite resources eventually. But it is possible that they are worth much more than $2 trillion long before that.
But that is why I said you can’t just safely assume 15x multiples to continue.
If you carry that forward even one year, and I’m not saying you certainly can, they’re outselling NVIDIA.
I get it, there are risks, scalability issues, low cost competitors, etc. $2 trillion is a big number, but it’s tiny compared to all human payroll.
I’m not buying it either but I dont think anyone who does failed an IQ test.