I think there's a lot of really interesting (and profitable) AI products out there. And: there's so many more that can be built. We're only scratching the surface of what the industry has already invented can do. Not in an "AGI Inevitable" capacity; what we have, today, with more context engineering, better user interfaces, better products with deeper AI-first thinking, etc.

My point was more-so that FAANG isn't even scratching the surface; they're punching it bloody with their fists while yelling "look at all this AI we have, see dad we can't be disrupted we're the disrupters we're the disrupters".

It reminds me a lot of Xbox over the past six years, so much so that I think Xbox is a canary for how many business units in these companies will look in five more years.