Well stated. There is no question it’s all about data and this is one reason the established players will largely win in the end. But as you’ve noted, amongst those, GOOG and MSFT have better data than META, and those LLMs predominately trained on RDDT and other slop are at a disadvantage. Companies like CRM, IBM, etc., also have large, long-lived and valuable data sets. If you’re just using or buying data found on the open web, there are limitations on what you can because everyone has access to that data.
I effectively think of everything as a pairs trade where GOOGL has the sheer capital to win. I imagine MSFT, AAPL, and AMZN can put together a next-best. Unsure how TSLA fits into this, I am fairly confident that META can't win this round
Well stated. There is no question it’s all about data and this is one reason the established players will largely win in the end. But as you’ve noted, amongst those, GOOG and MSFT have better data than META, and those LLMs predominately trained on RDDT and other slop are at a disadvantage. Companies like CRM, IBM, etc., also have large, long-lived and valuable data sets. If you’re just using or buying data found on the open web, there are limitations on what you can because everyone has access to that data.
I effectively think of everything as a pairs trade where GOOGL has the sheer capital to win. I imagine MSFT, AAPL, and AMZN can put together a next-best. Unsure how TSLA fits into this, I am fairly confident that META can't win this round
Agreed.