It doesn’t really matter if Microsoft/OpenAI are the only ones with the underlying technology as long as the only economically feasible way to deploy the tech at scale is to rely on one of the big 3 cloud providers (Amazon, Google, Microsoft).

Yup, but as the "no moat" link I posted implied, at least for LLMs, it might not be required to spend very much in hardware to be almost as good as ChatGPT, so that's some good news.

Are you saying you’re cool with neofeudalism? Or just agreeing that this is yet another inevitable (albeit lamentable) step towards it?

Oh, crap, no, sorry if I wasn't clear. I believe we are at the crossroads with not much in the middle between our society evolving into extensive interventionism, taxation and wealth redistribution (to support UBI and other schemes for the increasingly large unemployable population) or neufeudalism. I don't want billionaires and warlords to run the place, obviously. And I'm warry about how the redistribution would go with our current politicians and the dominant mindset associating individual merit to wealth and individualistic entrepreneurship.