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Products that are fungible compete on price (what else?). Chat-with-AI services that have similar performance are pretty fungible today. Switching from one to t
by cs702 2y ago
Products that are fungible compete on price (what else?). Chat-with-AI services that have similar performance are pretty fungible today. Switching from one to the other is... remarkably easy. The moment Gemini Flash's competitors start losing customers they will lower their prices to remain competitive.
- Aloisius 2y agoLots of products besides commodities will lower their prices to remain competitive. General Electric keeps their prices competitive with Pratt & Whitney, but that doesn't make jet engines a commodity. This product from Google clearly competes on price/performance ratio, speed and of course, brand.