Data Shows AI Race About to Hit Utility Wall, Says Coeus Institute's Michai Morin (Preview)
Summary
Financial Sense host Chris and guest Miki Morin, CEO of Cois Institute, discuss the emerging "utility wall" in AI technology. Morin argues that major models have reached a saturation point where they perform 99% of average user tasks identically, making further intelligence upgrades unnecessary for most consumers. Using a "barrel of oil" analogy, he explains that AI is shifting from a premium intelligence market to a commoditized utility, forcing the industry to compete on cost rather than capability. This dynamic threatens the current business model of AI providers who have relied on conti…
Topics discussed
Introduction and guest Miki Morin
Guest background and Cois Institute
Anecdote: Model choice no longer matters
The 99% task performance threshold
Research on economics and cyclical patterns
The 1M token window as the new barrel of oil
Pricing intelligence vs. commodity convergence
The utility wall for general users
Cost concerns and industry implications
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