> Except, AI is much easier for new players to enter What are you talking about? There's exactly one company that makes the machines that makes the AI chips.

> Except, AI is much easier for new players to enter What are you talking about? There's exactly one company that makes the machines that makes the AI chips. There's exactly one company that operates the machines that makes the AI chips. There's exactly one company (or two?) that makes the AI chips (which are feasible for training). And the most powerful governments in the world are worried about these monopolies causing geopolitical/national security problems, and they pretty much can't do anything about the situation in the short term. And to be eligible as a player you'll need hundreds of millions of dollars of funding to buy the hardware. I don't have the numbers, but I'm pretty sure opening a car manufacturing factory 100 years ago didn't involve that much upfront capital, even accounting for inflation.