"race to the bottom" is the negative framing of "competitive market prices".

So a company or union might say "this is a race to the bottom" when someone new enters their market, but to people buying their services this might be seen as welcome competition.

Do you actually see a negative impact from competition in this area? Or do you just mean competition will further reduce prices?

Regulatory capture. You get them to outlaw the part of the competion (safety!) that is unwilling to pricefix and participate in your margin and market division agreements.

Competitors run out of money and shut down, perhaps. Although I don't see how that happens for anyone but Google.

Don’t think of this as super intelligence. Think of it as vendor lock-in.

We have a good compare, which is cloud in the early 2000s.

Everyone (at the time) thought cloud compute costs would go to zero.

What most corporations didn’t realize is how entrenched your workflows and processes get when you adopt cloud and you become heavily locked in that ecosystem.

That same ecosystem lock-in is what the frontier labs are hoping for with AI.

You patent and protect (as best you can) the missing ingredients needed to get to AGI. Only half joking and also scary to contemplate. Qualcomm’s CDMA patent is on example. ARM and Texas Instruments two other examples.

It's unlikely that a clear single winner will emerge in this competitive market.

You hit the nail on the head. It's a race to the bottom.

Whats the bottom here tho? Its obvious what winning is.

only way you could win the market would be to own all the gpus

AGI will be insanely priced. LLMs are retarded childrin compared to proper intelligence. So this is just the entry level intelligence like thing. But I doubt there will be an AGI accessible by anyone.