Producing specific niche models for 100 year old industries that have mountains of data and warehouses full of folders will be the european take on AI.
It may come late but it‘ll be safe and reliable. It also requires a lot of OCR.
I expect the bitter lesson to continue to be bitter. Mistral must at least attempt to catch up to SOTA 6 months ago.
The Niche model story is still fairly week. Evidence points to general models being equally capable to niche models at a more attractive capex (risk is spread across multiple verticals rather than concentrated in a single model capability)