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Compute, data, and most importantly distribution/users.

IMO standalone AI companies like OpenAI might be successful by providing infrastructure to other companies, but I can’t imagine ChatGPT remaining #1 many years from now.

The web is still trending towards being a walled garden. Maybe not right now, but long term I think people will use whatever AI is most convenient which probably will be AI built into a giant company with established user base (FB, GOOG, MSFT, and Apple if they ever get around to launching - would love Siri 2.0 if it meant not needing to open the ChatGPT iOS app)



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