Chi-Hua Chien saw Facebook coming — now he says the real AI winners wont be selling AI | TechCrunch

▤ Summary

The article centers on Chi-Hua Chien’s view that the AI value stack is shifting away from model providers and toward applications. He argues that infrastructure layers tend to commoditize while consumer and prosumer software companies capture most of the long-term value. He also highlights personalization, vertical integration, and price competition as key forces shaping the next wave of winners. Examples from entertainment, women’s health, and live experiences show how AI can improve products without being the product itself. The piece also touches on trust barriers in financial services and the continued demand for real-world experiences.

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