Apple is worth more than all the AI companies combined. You think LLMs are less valuable in the global market than slightly updated iPhone models every year?
LLMs? No. LLM companies? Yes. It's just math, data centers, and mass copyright infringement. The only scarcity is Nvidia, who just passed Apple in market cap, somewhat proving your point but not in the way you meant it.
Maybe not, but it is probably less likely that Apple will face stiff competition from freely available alternatives, given that AOSP has been a thing for the iPhone’s entire lifespan and nonproprietary Android phones have failed to capture significant market share.
I don't think we have seen an Apple of AI yet. I wouldn't describe the frontier that way, would you?
Are you avoiding Google and SpaceX in that math?