I love that so much money is invested in developing AI, but I wouldn't want to be one of their late investors. AI models are becoming heavily commoditized. At Torre.ai, we run models from four different companies and easily switch to whichever is doing the best job for each task that week. There won't be significant margins to be made with AI models alone. And so far, the AI labs don't have a clear moat. Their investors are way more likely to lose money than to make a profit. This might be the largest subsidy of tech innovation we've ever seen.

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