the rate of growth for frontier AI is the rate at which companies effectively using AI grow faster than companies that don't the median company does not gain an insane boost in productivity, therefore the most bullish growth has to come from power users cannibalising mkt share
"median company spending $20/month is slightly faster at making PRs but mired in slop" is not what would justify current capex capex implies exponential spending growth and by proxy high return on this spending this growth can only come from effective power users cannibalising
the rate of growth for frontier AI is the rate at which companies effectively using AI grow faster than companies that don't the median company does not gain an insane boost in productivity, therefore the most bullish growth has to come from power users cannibalising mkt share