Without heavy collusion or outright legislative fiat (banning open models) I don’t see how Anthropic/OpenAI justify their (alleged) market caps
I routinely match or beat Claude with regards to speed, I often race it to the solution because Claude just takes so long to produce a usable result.
Staying competitive doesn't mean only paying an AI for slop that often takes longer to produce. AI is a convenience, it is not the only way to produce code or even the most cost effective or fastest way. AI code also comes with more risk, and more cognitive load if you actually read and understand everything it wrote. And if you don't then you're a bit foolish to trust it blindly. Many developers are waking up to the reality of using AI, and it's not really living up to the hype.