Ed (Prof G / Scott Galloway?)

What do you think of what is happening in AI right now?

So when you look at the big players here, who would you consider to be the new Rockefellers, the new JP Morgans?

Who are those players that you think are the most apt to compare?

What is the danger here with all of this?

I mean, collusion might be a strong word.

It sounds sort of like conspiratorial, but what we're describing is these very, very large and powerful companies that are cooperating with each other instead of competing against each other to build market power.

They're investing in each other.

They're becoming friends with each other and sitting on each other's boards.

I think colluding probably describes what's happening here.

What is the danger there?

Because on the one hand, you've got this fear of a bubble that they're kind of creating their revenue by just going out and saying, oh, we'll invest in you and then turn around and pay for our products.

But then on the other hand, maybe this is an effective monopolization strategy.

Maybe this is how the Rockefellers of the past built up market power.

And ultimately, I mean, those were good investments because generally speaking, investing in a monopoly can work out.

I mean, where is this all headed?

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When I look at these interdependencies, there's a sense in which this is actually beneficial and that this is the way that markets should be headed.

How do we draw these lines as to what is actually good competitive behavior?