[TriangleEdge]

I see OpenAI is entering the phase of building peripheral products no one asked for. Another widget here and there. In my experience, when a company stops innovating, this usually happens. Time for OpenAI to spend 30 years being a trillon dollar company and delivering 0 innovations akin to Google.

[simianwords]

Last mile delivery of foundational models is part of innovating. Innovation didn't stop when transistors were invented - innovation was bringing this technology to the masses in the form of Facebook, Google Search, Maps and so on.

[ifdefdebug]

But transistor designers didn't pivot away from designing transistors. They left Facebook and all the other stuff to others and kept designing better transistors.

[rhetocj23]

Yup.

Googles marginal ROIC is horrific. Its average ROIC in the aggregate on the other hand looks nice, because most of its returns are from projects taken 10+ years ago.