How can this become a monopoly/duopoly? There is no moat, the Chinese providers will continue to hunt the market leader at 10% of the price, there is no network effect (OpenAI's Sora was a play in that direction and failed).

I'm constantly amazed how this AGI/monopoly narrative can be kept up so long in the West, it just doesn't make sense (unless the state creates said monopoly by forbidding competition).