Patel argues most AI value accrues to users, not to companies building or deploying AI.
“But most of the AI value that's been generated does not accrue to the companies building the AI or deploying it. It actually deploy it actually accrues to the user.”
Patel argues OpenAI captures less than 10% of the economic value it creates, pointing to broken value capture across AI.
“I legitimately believe OpenAI is not even capturing 10% of the value they've created in the world already just by usage of chat. Right?”
Value from AI models is currently being passed through to end users rather than captured by providers.
“Thankfully, so far, it is mostly just being given to the users.”
AI model providers are capturing only a small fraction of the economic value their models create.
“Most of the value that these models generate does not get given to OpenAI and Anthropic,”