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A classic pattern in technology economics, identified by Joel Spolsky, is layers of the stack attempting to become monopolies while turning other layers into perfectly-competitive markets which are commoditized, in order to harvest most of the consumer surplus; discussion and examples.
Meta’s foray into open source AI with projects like Llama 3 has been a significant undertaking, reflecting both the company’s commitment to innovation and the challenges inherent in such large-scale, cutting-edge endeavors. One of the.