The Mirage of a Trillion-Dollar Valuation IPO: Why OpenAI Could Be History's Biggest AI Bubble
Behind OpenAI's trillion-dollar valuation: a technological revolution or the bubble of the century? As the tech gap narrows to zero, an OpenAI devoid of an ecological moat may repeat Netscape's tragedy. In contrast, Google Gemini, backed by hardware, proprietary data, and a full product ecosystem (Android/Workspace), is primed to be the ultimate winner in this AI endurance race.
