What companies would you say have world-class engineering now (2024)?
Since 2022, I would probably say the various LLM owners: OpenAI, Anthropic, Character.AI, etc. The complexity here isn't in the basic transformer architecture though (which was invented by Google in 2017), but in the data infrastructure that hoovered up all the data on the web to train it on, as well as the fine-tuning on various use-cases.
Not surprisingly, good engineers follow the money: these have also been the lucrative industries in those time periods.