Not monopoly but oligopoly. Only a small # of entities have enough resources to train the models on tens of 1000s of GPUs.

Does that matter when the models they generate are given away for free?

You can make your argument validly against DALL•E or Midjourney families, but we've also got the Stable Diffusion family of models that anyone can just grab a copy of.

It won’t last. There’s a massive incentive to build more GPUs and develop specialized chips and everyone who can is scrambling to meet that demand. The technology is not some trade secret that no one can copy which is why there are so many people and companies diving into this market now. Hardware is a bit slow to ramp up production of but it will get there eventually because there’s money to be made.

I’m talking about generative ai VS human artists. But in this case it seems like OpenAI specifically has a massive leap over everyone else with this video generation. So whether they have a monopoly over that remains to be seen.

What does not remain to be seen though is that generative ai is going to put a lot of artists out of work.

You can argue about the good and bad of that but it’s defo happening.