The prior generation of the model, like a GPT-2 or 3, it could be kind of like every two years the model will get commoditized. That could be a world we live in. And so then there's kind of this argument around fine tuning. But I think people don't fully internalize that the fine tuning thing is also not as defensible. The other thing I would consider is like, if the company has something that they can fine tune on that is private data, that could be really defensible.

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