Eric Siu breaks down why Google dominates: its stack of TPUs, Search, Android, Gemini, Gmail, and YouTube creates unmatched distribution and data access. Enterprise contracts and control over infrastructure give Google and Microsoft advantages no startup can match in the AI era.
When you look at Google and you look at Microsoft, they have the most distribution, right? It's distribution that matters, especially distribution is getting harder and harder in an AI-driven world where you can make whatever you want. You want to be able to control that distribution. And Microsoft, they have those enterprise contracts locked down. Google as well. In fact, Google kind of has the whole stack. They have the Tensor Processing Units, they have Search, they have Android, they have Gemini, they have Gmail, they have YouTube. They just have all the distribution in the world. They have all the data in the world, and they're going to make use of that.
