But what if AI turns out to be a commodity? We're already replacing ChatGPT by Claude or Gemini, whenever we feel like it. Nobody has a moat. It seems the real moat is with hardware companies, or silicon fabs even.

The arms race is just to keep the investors coming, because they still believe that there is a market to corner.

I mean, the leaders of these companies and politicians have been framing it that way for a while, but if AGI isn't possible with LLMs (which I think is the case, and a lot of important scientists also think this), then it raises a question: arms race to WHAT exactly? Mass unemployment and wealth redistribution upwards? So AI can produce what humans previously did, but kinda worse, with a lot of supervision? I don't hate AI tech, I use it daily, but I'm seriously questioning where this is actually supposed to go on a societal level.