Google starts throwing cash at Google Assistant startups
theverge.com
theverge.com
My understanding is that the computational costs of speech-to-text are prohibitive for many consumer startups, leaving them with no choice but to integrate with Alexa, Google Assistant and Siri, who subsidize S2T costs in exchange for near-complete control over the user relationship.
Unfortunately it looks like the economics of voice assistants will drastically favor Big Tech, and make it harder for new entrants to compete.
Do not know how much of speech processing a typical startup would do, so cannot really give an estimate.
Most local voice processing solutions seemed to stop dead in their tracks, developmentally, when companies figured out we could make this a cloud service, but I don't know if I really believe it's technically unfeasible the other way.
The bottleneck is simply raw gpu compute power available.
I completely agree with you that the technical gap might be caused in part by incentives from cloud companies. Why invest in researching something that makes your core business less valuable?