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Why would the model owner do that? You still need some human input to operate the business, so it would be terribly impractical to try to run all the businesses. Better to sell the model to everyone else, since everyone will need it.

The only existential threat to the model owner is everyone being a model owner, and I suspect that's the main reason why all the world's memory supply is sitting in a warehouse, unused.

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I think this risk is much lower in a world where there are lots of different model owners competing with each other, which is how it appears to be playing out.
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New fields are always competitive. Eventually, if left to its own devices, a capitalist market will inevitably consolidate into cartels and monopolies. Governments better pay attention and possibly act before it's too late.
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