I don't think anyone is questioning the impact and future of ML/AI products and services.

But as things are right now, the only AI companies with any serious impact are the very companies that train and release the huge and extremely expensive models.

Everyone else seem to be layers on top of those products.

I'm getting immediate flashbacks to the era of "Google killed my startup/product", where google could simply either acquire companies, or implement their own solutions which essentially killed small competition.