The bears say inference is a commodity and that we'll see severe margin compression. I think that's probably right in aggregate, but I think that also misses what happened in the cloud. Amazon and Microsoft and Google do sell compute as a commodity, but they make enormous profits doing so, because commodities at massive scale with high fixed costs and low variable costs can be very, very profitable businesses.
If you can do it and then I can do it and then Tyler can do it and then and then anyone with access to a coding model can build it very quickly we're going to erode each other's markets and trade market cap very quickly
5mo ago
Underscored — save the words that stop you in your tracks.
