underscored

@underscored

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"You have lobster, and you have, whatever, let's say a good steak, and then you have the noodles, and then you have the rice. And so you come, and Anthropic and OpenAI, they take the lobster and the good steak. And there are only some noodles left, and you're like, 'Oh my God.' That's what happens today, and it's very, very, very hard not only to compete, but to retain the talent. So for us, building in Europe has been an incredible strength."

Eléonore Crespo
10h ago

But these aren't strategic blunders, this AI device thing is one of OpenAI's major moonshots being dismantled by anti-competitive misconduct. Like, they did this to themselves! They might not even get a chance to compete, because cheating was an option on their table.

4d ago

A world where models are interchangeable is one where models are commodities, while most of the value flows elsewhere. Right now that's compute, but in the fullness of time, whenever we have enough compute, the most valuable place to be in the value chain will be the place that has always been the most valuable: owning the user touchpoint.

4w ago
stratechery.com
2026.23: Power Shifts

Three years ago Google looked hapless, scrambling to respond to ChatGPT, while Microsoft, thanks to their groundbreaking partnership with OpenAI, looked on top of the world. Now Google is pulling away in terms of market capitalization, which makes their decision to issue equity to Berkshire Hathaway a curious one.

1mo ago

Underscored — save the words that stop you in your tracks.

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