Investors observed the pattern that the largest platform eats the market and bet on openAI moving along the same paths.
I disagree, that phenomenon is tied to the social network like phenomena we saw with WhatsApp and Facebook and to the aggregator business model of Amazon and Google.
Mathematically we can describe the process by which these monopolies form as nodes joining graphs:
Each node selects graphs to connect to in such a way that the probability is proportional to the number of nodes in the graph.
Sure Amazon and google feature two types of nodes, but the observation still fits:
Selling on Amazon makes sense if there are many customers, buying on Amazon makes sense if there are many offers.
OpenAIs business does not have this feature, it does not get intrinsically get more attractive by having more users.
I disagree, that phenomenon is tied to the social network like phenomena we saw with WhatsApp and Facebook and to the aggregator business model of Amazon and Google.
Mathematically we can describe the process by which these monopolies form as nodes joining graphs:
Each node selects graphs to connect to in such a way that the probability is proportional to the number of nodes in the graph.
Sure Amazon and google feature two types of nodes, but the observation still fits: Selling on Amazon makes sense if there are many customers, buying on Amazon makes sense if there are many offers.
OpenAIs business does not have this feature, it does not get intrinsically get more attractive by having more users.