Comment by Grimblewald
18 days ago
For that to work it requires a free market, llms in their current format are a neccesarily closed market. It's like mobile phones. You'll get a sleek somewhat passable product increasingly dated and dysfunctional which every year serves you less and someone else more. Given I can't decide smart phones in their current form are shit, i'll make something better (without enromous capital) meams we're failing open market conditions. Do you see the point i am trying to make?
That’s not what free market means.
Tell my economics textbook not me. Free markets are defined, in part, by the absence of coercive impediments to economic activity, which explicitley includes restrictions on entry.
see "low barriers for entry"
https://en.wikipedia.org/wiki/Free_market
"Low" is relative. But we've got people creating new models with millions of dollars, not billions. Granted, not thousands either. It's low enough that I don't think the barrier to entry is a problem.
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