Airlines though, turned out to be an unavoidably rubbish business.
Fizzy-drinks – very favourable industry structure.
So is the position of LLM makers any good? I’m afraid it’s not good news.
Really though, LLM makers have only one true supplier: NVIDIA.
It’s worth saying that even companies that raise huge sums of money sometimes turn out to have no viable business.
Software companies are really good businesses.
The problem is that not all technology companies are software companies.