Post Fiat's @goodalexander says that IP-heavy entertainment stocks will become a lot more valuable. "There was a narrative that video games would be a big beneficiary of AI. Like, 'What if all NPCs were LLMs?' or 'What if you had in-game generative content?'" "But the reality is, given the cost structures and bottlenecks, that's just not affordable. You can't generate real-time AI characters and expect to break even on that because that would be like, $6 per gaming session." "But as AI gets…