What is incredibly disgusting for me, is the idea that there can be only one winner in the stock market, which spits in he face of free market competition.

This is not an AI thing, this is a stocks thing, which Ive been complaining about incessantly.

If a given domain, like AI, has competition, that means you have to sell things at cost + margin, and rush ahead or be crushed by competitors. Will definitely make you good money, but wont make you a king.

This is not the kind of money people involved with these kinds of companies are looking for.

AI right now looks like a competiton, with many horses in the race, which are more or less building the same product.

It will hard to squeeze and enshittify this considering people can just jump to another vendor, thus if the current market structure were to prevail, investors would go.

Thus competition has to go.

Altman knows this, and tried to position OpenAI as the obvious winner in this competition, but I guess in the process he managed to alienate people, so now he's not doing so well.

But who knows what the future will bring?