Now if "fully caught up" means today's level of intelligence is available for free in two years, by then that level of intelligence means very little
The only thing I can see them meaning is what you said, "in a minute the stragglers will be where the leaders were a minute ago", which, yeah, sure.
Or AGI hits and this theory collapses, but that's feeling less likely every day.
Play out a scenario. An open source model is released that is capable as Mythos. Presumably it requires hardware big enough that running it at home is unfeasible. You are imagining that individuals can run it in the cloud themselves for cheaper than api tokens would cost? Or even small companies? And that Anthropic and OpenAI won't be able to cut costs deeper than their competitors while staying profitable?
If it is fundamentally a commodity, that means "running it yourself" also isn't really interesting as a proposition. Many of the world's biggest companies sell commodities. It's a great business to be in if you can sell them cheaper than anyone else.
The value add here isn't the model, it is "having a bunch of compute and using it more efficiently than anyone else".
If Mythos is the endgame, companies won't release open-weight equivalents, and no private individuals have the capital to train such models.
I expect that people on subscriptions can be asked to donate 1 query a month towards an open source distillery.
It should be good enough to distill SOTA models over time.
The result won't be perfect, but it will be close.
Think SETI@home, but it'll be model distillation instead.