How does the declining cost of computing power affect Jasper's AI strategy in relation to the shift towards self-trained models?

I think it's both. The foundation level will definitely fragment—they’ll have a lot of competition and a lot of people with different breakthroughs. I think the foundational model layer will commoditize first and more quickly than the app layer.

That doesn’t mean there won’t still be a few huge businesses—just look at cloud computing, which is highly commoditized. AWS is still massive. What it won’t be is a gold rush around which model you can get your hands on and all of that. People will just have access to a bunch of good models, and it'll put far more pressure on them executing to do something useful with it.

It’s like with AWS—it doesn't really matter which one you use. You just pick one and go. It's more about what you’re going to build for customers now that you have that power. That’s where the execution is going to need to happen.