Chamath Palihapitiya

here's what's going on quick look at the consumer market.

And obviously, they started with 100% market share, right, they created the category in 2023. drop down to 80 for 5% market share 2024 75% market share 2025.

But by how much has the market grown?

Precisely.

So the market is still growing.

So in terms of number of searches and queries, they're obviously growing tremendously.

But they have major, major competitors and the market share is going down.

I had my team over at This Week in AI do a more thoughtful analysis of where this is going.

And if you take a look at this, there's three players, and I'd like to get your guys' take on this, who really haven't shown up yet.

Apple, Meta,

and obviously Windows.

All three of those underrepresented.

If you give them credit for just getting, you know, a half point of market share here and starting to intercept, which I think those three players were here, will be here, they're going to be well under 50% market share.

And I think...

ChatGPT is going to have some big challenges there on the consumer side.

While they're doing this stuff in consumer, they are cutting back on all their side projects.

So you probably heard about the Sora video app.

That's been shut down.

This is kind of major news because Disney was going to put a billion dollars into opening as part of it, and they had done a licensing deal, and they were going to integrate Sora, this short video product, into Disney+.

All of that's now been canceled.