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Chinese AI Assistant Shocks Big Tech with Low-Cost, Efficacy
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<blockquote data-quote="Zero Knowledge" data-source="post: 1116571" data-attributes="member: 57429"><p>I'll leave the anti Chinese comments alone and focus on the wider implications.</p><p></p><p>But competition is good for the economy, good for society and good for people, the problem arises when one or two companies become monopolies thus controlling the market and setting noncompetitive prices which tends to happen in modern economies.</p><p></p><p>In other words cartels form and control the market to the detriment of society. Quality goes down and prices go up due to players manipulating the market which they have control off</p><p></p><p>ChatGPT (And other LLM's based in USA/EU) were a monopoly and a new model from China is good the world, more competition pushes innovation which in the end we benefit from.</p></blockquote><p></p>
[QUOTE="Zero Knowledge, post: 1116571, member: 57429"] I'll leave the anti Chinese comments alone and focus on the wider implications. But competition is good for the economy, good for society and good for people, the problem arises when one or two companies become monopolies thus controlling the market and setting noncompetitive prices which tends to happen in modern economies. In other words cartels form and control the market to the detriment of society. Quality goes down and prices go up due to players manipulating the market which they have control off ChatGPT (And other LLM's based in USA/EU) were a monopoly and a new model from China is good the world, more competition pushes innovation which in the end we benefit from. [/QUOTE]
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