There are 4 key layers to the AI industry
L1: Hardware - Nvidia, Intel, AMD - extremely complicated and difficult
L2: Infrastructure - AWS, Google Cloud - very expensive and resource intensive
L3: Developer tool (APIs) - ChatGPT, Rapidfire - extremely competitive, likely to have only a few big winners
L4: Software Application - Able to target specific use cases for a fraction of the cost that AI used to cost.