Yes -> pushes scarcity/value-add forward or elsewhere. 

Bookmark it and read later, very comprehensive

denlillaapan

Too long for me to read right now.  But this caught my eye:

The pure return to a copyable model is pushed toward zero

You would think that too about companies like Google.  But they did very well selling software, which you'd think is copyable.  The answer of course was network effects; and besides the copyability of software is not that obvious (the code needs to be constantly updated, which requires scarce talent as well as institution-specific knowledge)

Did he talk about any of that, especially potential network effects in the AI providers?

econ

It's Not Clear Where the Returns to AI Go (Economic Forces, Brian Albrecht)

Too long for me to read right now.  But this caught my eye:

> The pure return to a copyable model is pushed toward zero

You would think that too about companies like Google.  But they did very well selling software, which you'd think is copyable.  The answer of course was network effects; and besides the copyability of software is not that obvious (the code needs to be constantly updated, which requires scarce talent as well as institution-specific knowledge)

Did he talk about any of that, especially potential network effects in the AI providers?