The only reason it hasn't is the sheer amount of credit being thrown at this tech. Both that and the valuations of the firms in question is stratospherically over-hyped and over-valued.

This tech has uses. It has quite a lot of them in fact. However there is no usage of ChatGPT or Claude that makes OpenAI or Anthropic worth anything fucking close to what they're valued at right now, and both firms are scrambling to figure out how to get down from the top of the AI house of cards without detonating in the process.

Meanwhile DeepSeek is coming out with more capable models that run on far less onerous hardware and with far less compute requirements that does basically exactly what the vast majority of users actually want it to do.

This is going to be a financial bloodbath. Not for anyone actually responsible for it, of course, they'll be fine. It'll be everyone else getting soaked which is the only reason I give two shits.