Why Fast Followers Win in AI Right Now

which is I think this is the best time in the history of tech to be a fast follower or copycat because of the point that you said. We have seen some of the highest valuation multiples from a PS ratio, you know, the valuation to the top line revenue in early stage, like pre-IPO tech and the history of tech because of a speculation that we're entering like such a historic time with this AI movement. Perhaps it will pan out, and I've made some arguments that it will, and I've also seen a lot of arguments that it won't. And to your point, these first movers have to sustain a fairly high ACV with their customers to grow into these massive valuations. And the combination of rapid product development cycles and this high valuation, what I call ACV jail, where you can't reduce price, If I were two MIT CS undergrads right now, I would literally just pick a category and copy the product and sell it for 70% off. You can make a lot of money.