The writer is an open-internet activist and president of the Mozilla Foundation
We cannot go a day without people asking: when will the artificial intelligence bubble pop and what will be the cause? I increasingly think that open-source AI models may be the pin that pops the bubble.
Current AI valuations assume massive, durable moats. Investors have priced in the assumption that only a few companies can build frontier AI models, allowing them to extract monopoly rents.
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