AI Competition Shift
- The focus is shifting from the underlying AI models to building better products and owning the application layer.
- The commoditization of AI models means companies need to find different moats, and application layer ownership is key.
- OpenAI's hire of Fidji Simo signals a move towards competing in the marketplace rather than just in the lab.
Fidji Simo's Career Path
- Fidji Simo led Instacart as CEO preparing it for its IPO and spent a decade at Meta leading product monetization.
- She joins OpenAI with experience in user-focused products and monetization, now spearheading application growth.