I am sorry for being direct but you could have just kept it to the first part of that sentence. Everything after that just sounds like pretentious name dropping and adds nothing to your point.
But I fully agree, for complex problems that require insight, LLMs can waste your time with their sycophancy.
Seriously though, I appreciated it because my curiosity got the better of me and I went down a quick rabbit hole in Sugiyama, comparative graph algorithms, and learning about the node positioning as a particular dimension of graph theory. Sure nothing ground breaking, but it added a shallow amount to my broad knowledge base of theory that continues to prove useful in our business (often knowing what you don't know is the best initiative for learning). So yeah man, lets keep name dropping pretentious technical details because thats half the reason I surf this site.
And yes, I did use ChatGPT to familiarize myself with these concepts briefly.
Open source models are available at highly competitive prices for anyone to use and are closing the gap to 6-8 months from frontier proprietary models.
There doesn't appear to be any moat.
This criticism seems very valid against advertising and social media, where strong network effects make dominant players ultra-wealthy and act like a tax, but the AI business looks terrible, and it appears that most benefits are going to accrue fairly broadly across the economy, not to a few tech titans.
NVIDIA is the one exception to that, since there is a big moat on their business, but not clear how long that will last either.
When the market shifts to a more compliance-relevant world, I think the Labs will have a monopoly on all of the research, ops, and production know-how required to deliver. That's not even considering if Agents truly take off (which will then place a premium on the servicing of those agents and agent environments rather than just the deployment).
There's a lot of assumptions in the above, and the timelines certainly vary, so its far from a sure thing - but the upside definitely seems there to me.