Building LLMs is probably not going be a brilliant business
Read OriginalThis article argues that while Large Language Models (LLMs) are technologically significant, building them may not be a profitable business venture. It draws parallels to industries like airlines, which have unfavorable market structures—high supplier power, low customer loyalty, and easy new entry—that prevent capturing value. The piece contrasts this with profitable businesses like soft drinks, emphasizing that industry structure, not just innovation, determines business success, applying this economic lens to the AI/LLM sector.
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