Nicolas Petit @CompetitionProf
Thoughtful antitrust, not make-believe antitrust. Prof @EUI_EU & co-founder DCI @fordynamism. Opinions mine only. Multi-homer @competitionprof.bsky.social linkedin.com/in/nicolaspeti… Florence, Tuscany Joined June 2010-
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So GenAI may not be your blue ocean 🌊 market, but it will not be a completely red ocean either END.
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And I don’t see the DoD or western defence industries using models developed in China even if only weights /4
I agree with @lugaricano: there’s a commodification risk here, with low value capture opportunities for proprietary model developers. But will this cut profits down to 0? Not so sure. In industries w/ critical risk or heavy regulation, clients will not go to open source /1
Four months lag!!! If EpochAI is right, I am sorry, but for all their revenue growth, OpenAI and Anthropic are going to be making exactly 0 profits. See my and Jesús Saa-Requejo analysis of the market here: siliconcontinent.com/p/three-theses…
Interesting given that God’s human form is not required by dogma
In the era of #ArtificialIntelligence, when human dignity is threatened by new forms of dehumanization, ours is the pressing duty to remain profoundly human. We must lovingly safeguard the grandeur of humanity bestowed upon us and revealed in its fullness in Christ, the splendor
Nicolas Petit retweeted
@ElCrackitoDuNet @yvesbourdillon Il découvre le réel, c’est à dire la France du laisser-passer A38
When the Italian 🇮🇹 competition agency will be done toying with the issue of AI distribution on digital platforms, it can fix robocall harassment 👇, cab cartels 🚕, or the summer Bagno ripoff 🏖️
Les politiques boivent du champagne sur le pont du Titanic
Le scandale politique de ces derniers jours. Le jeune PDG français de Mistral AI, Arthur Mensch, s’est déplacé pr une audition devant la commission d’enquête sur les vulnérabilités numériques Quasiment aucun député présent. Une salle vide, une intervention pourtant magistrale
Betting on implementation is what 🇨🇳 does. Just follow the patents.
I write today in Silicon Continent with Jesús Saa-Requejo "Three Theses on AI Value Capture". We argue that the leading AI labs are betting hundreds of billions on the idea that holds the best model captures the value. We think that's the wrong bet. The model layer is
Nicolas Petit retweeted
Congrats to Aime!! He said his left forearm is basically broken 😂 Final scores: → F.03: 12,732 packages (2.83 seconds/package) → Aime: 12,924 packages (2.79 seconds/package) This is the last time a human will ever win
Nicolas Petit retweeted
No smoking gun, but the preponderance of evidence points to smartphones, not economics, as the culprit for the global drop in fertility: • In the US and UK, births fell first and fastest in areas that got 4G earliest • Birth rates were stable in the US, UK and Australia until 2007; in France and Poland until 2009; in Mexico and Indonesia until 2012; in Ghana, Nigeria and Senegal until 2013-15 Each of these inflection points matches local smartphone adoption (see picture). • The younger the age group, the sharper the drop. • in-person socialising among young adults is dropping. In SK, by 50% in 20 years • Sexual dysfunction is higher among heavy social media user • Effect is largest in culturally traditional societies — Middle East, Latin America, sub-Saharan Africa • Decline holds across countries hit hard by GFC 2008 and those not hit, fast-growing and not growing. Excellent again @jburnmurdoch. ft.com/content/fba35e…
Europe is getting poorer, America richer. Inequality is decreasing more there 🇺🇸 , less here 🇪🇺.
We stopped everything to write an answer (link below) to Paul Krugman's two posts of today (one informal, one with a simple model) arguing that Europe is broadly not falling behind the United States. The change measured by the Draghi report, he argues, is mostly due to growth
Nicolas Petit retweeted
"Building a global tech company from a European base has also gotten harder over the last decade." if we do not act, we are going to be in very serious trouble
This is a note I sent earlier today to all employees at Bird on why we are decreasing our European headcount by 20% as we shift our employee base closer to our customers in the US. Hi Team, Today I've made the difficult decision to reduce Bird's headcount by approximately 20%.
Nicolas Petit retweeted
La légende du jazz Miles Davis reprend un journaliste qui lui parle de l'esclavage et des souffrances que ça a engendré chez les noirs et dans leur musique : "Mon père est riche, ma mère est belle et je sais jouer le blues. Je n'ai jamais souffert et je n'ai pas l'intention de souffrir." ⬇️
Nicolas Petit retweeted
Source : l’internet
Last, be less strict on out of market efficiencies. By definition drastic or radical innovation benefits are necessarily out of market. The current approach in the draft prefers process or incremental innovation. They should do the contrary /end
Second, put an end to "divestment culture”. Regulators should accept behavioral commitments (R&D investments) over forced divestments. Innovation gains benefit all - even if uncertain, the potential is too large to ignore. 4/n
My @FinancialTimes letter: Europe just issued a good blueprint of merger rules oriented towards innovation and competitiveness. Here’s how to approach the next steps 1/n
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