The implicit assumption here is that we have constructed our laws so skillfully that the only path to win a free market competition is by producing a better product, or that all efforts will be spent doing so. This is never the case. It should be self-evident from this that there is a more productive way for companies to compete and our laws are not sufficient to create the conditions.
Model costs continue to collapse while capability improves.
Competition is fantastic.
And yet RAM prices are still sky high. Game consoles are getting more expensive, not cheaper, as a result. When will competition benefit those consumers? Or consumers of desktop RAM?
However, the investors currently subsidizing those wins to below cost may be getting huge losses.
There aren't any insurmountable large moats, plenty of open weight models that perform close enough.
> CO₂ emissions
Different industry that could also benefit from more competition ? Clean(er) energy is not even more expensive than dirty sources on pure $/kWh, we still do need dirty sources for workloads like base demand, peakers etc that the cheap clean sources cannot service today.