AI is rapidly evolving from a curiosity to a transformative force reshaping industries, with the rise of new models like Claude 3.7 and DeepSeek's R1 challenging established players like OpenAI. The commoditization of AI technologies has undermined traditional business models, leading to an open-source revolution that threatens the dominance of major tech companies. As competition intensifies, the next 18 months could signal the end for outdated business practices reliant on legacy AI assumptions.

AI is revolutionizing the fintech industry by rapidly breaking down barriers to entry, making it easier to create financial products. While it enhances efficiency and reduces costs, the article emphasizes that elements such as taste, experience, security, and the human touch remain critical differentiators in a competitive landscape increasingly dominated by AI-driven solutions.