Tiezhen WANG(@Xianbao_QIAN):GLM 5.2 and Kimi K3, and a lot more upcoming open source models, seems to be prove one thing that model has no moat - this is clearly different from the assumption in 2023 where model is the most valuable part in the chain, due to limited supply. Now we'll soon enter an era of abundant intelligence supply and where will this leads us to? Would this burst the current AI bubble based on the wrong assumption? What do you think?

2026.07.17 02:40

GLM 5.2 and Kimi K3, and a lot more upcoming open source models, seems to be prove one thing that model has no moat - this is clearly different from the assumption in 2023 where model is the most valuable part in the chain, due to limited supply. Now we'll soon enter an era of abundant intelligence supply and where will this leads us to? Would this burst the current AI bubble based on the wrong assumption? What do you think?

roon@tszzl

2026.07.16 18:49

the era of the chinese labs being far behind is over, Kimi is at least on par with the modern public frontier models. people have to think differently now without any competitive margin built in