I have a mental model in my mind that essentially views the AI space as a black hole. All the big tech companies are going all-in on AI, and they’re all going for broke. It’s like the final boss of centralization where only one entity becomes the “central AI”, akin to how central banks absorb and consolidate other banks.

My base case is that it melts all the big tech companies, and the people will foot the bill for the massive losses at the end of it. All it takes is “we need to bail out the AI industry for national security”. Hold bitcoin and it will be quite the show.