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A simple question: what do you own in this company?
Many "tech companies" today are just pipelines passing requests to a large AI model, and it doesn't stop there; the process extends to include
• Authentication at one company.
• Databases at another.
• Deployment at a third.
And the AI itself? Rented from OpenAI or Anthropic.
This isn't a company; it's an interface, and its fate is in the hands of others who decide when to raise the price, when to stop the service, and when to launch a product that competes directly with you.
And here, there's an important question:
Suppose we agree that you own a company. Can you answer a simple question: what do you own in this company?
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