I tend to subscribe to this viewpoint. With the size of the opportunity and the level of competition, and barring some exponential compounding dynamic (possible in this space of all industries), I don’t see foundational model providers like OpenAI able to compete at so many levels of abstraction at once (as in both platform and vertical solutions).
What we’re more likely to see is some sort of consolidation and collapse of layers of what used to be a viable business. Companies who are not actively working on differentiation and adding real value will simply start withering away, at the same time giving space to nimbler teams that operate what used to take hundreds of people to manage.
tl;dr: No direct competition but consolidation and disruption of current operators.
What we’re more likely to see is some sort of consolidation and collapse of layers of what used to be a viable business. Companies who are not actively working on differentiation and adding real value will simply start withering away, at the same time giving space to nimbler teams that operate what used to take hundreds of people to manage.
tl;dr: No direct competition but consolidation and disruption of current operators.