Well, look at the history. Google had an insurmountable lead, so Elon started OpenAI. Now OpenAI has an insurmountable lead too. So everyone else is starting in third place, or lower. David versus two Goliaths. If you try to become a third Goliath, you'll probably just get smashed. You're later to the game. In this situation, going scorched earth becomes a viable strategy. Slay the Goliaths. Become a hero to the masses. Attract the world's best talent who don't want to be associated with proprietary models. At that point you have a world class AI business with momentum towards AGI. And even if you're giving away last year's technology for free, the team you built is churning out new ideas that could be a financial bonanza one day. Shareholders are willing to pay for a long-term bet if the story is good.