Chamath says open AI models are "commoditize your complement." Agree?
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Chamath's argument (https://research.socialcapital.com/p/open-vs-closed): companies give away the thing they dont sell for free, so the thing they do sell is worth more.
Meta makes money though ads, Google and Microsoft from cloud.
The losers are companies whose business is selling access to closed models. But still companies are paying more and mroe for closed models anyway! Does this theory hold up?
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