I feel like these AI companies are in a gold rush while somebody else is selling the shovels. I've never jumped ship for the same service, from a vendor to another... so often. Looks like a race to the bottom where the snake eats itself.
NVIDIA sells the shovels, then OpenAI/Anthropic/Google make an excavator out of shovels (NVDIA also seems to work on their own excavators), then some startup starts selling excavator wrapper. I don't know if there are any snakes at the bottom, but there's surely a whole lot of shovel layers on the way down.
I believe Google released a paper about 2 years ago that said the same thing. There is no moat with AGI. Companies will find moats though - they just haven't figured out yet how.
The moat is how much money they have to throw at the problem. Corporations with deep pockets and those that secure investments based on fairy tales will "win".
