Most people don't need a model as advanced as Claude for their AI needs and tasks. Minimax and Kimi are sufficient.

For a period, many people said that these large models' chatbots had no moat, or that intelligence was the biggest moat.
Everyone would ruthlessly abandon low-IQ LLMs. That was indeed the case during that time, especially in the days after Gemini 3.0 was released.
But now, as these large models have developed to this point, the marginal utility of their increasing capabilities for ordinary users is actually diminishing.
At this stage, the importance of usage costs and user experience becomes more prominent, which is precisely where Chinese companies excel.
ByteDance's Doubao represents the ultimate experience (including speech recognition, dialect support, video recording, response speed).
Kimi and Minimax represent the ultimate cost compression. Most people's AI needs are just an enhanced version of Baidu, and in that case, Minimax is more than enough.
The future landscape might be that Claude moves toward the extreme of B2B, where programmers have very high requirements for the model's intelligence level, making the enterprise side the main demand for Claude.
Meanwhile, the C-side will be captured by models like Kimi, Minimax, and Doubao, which can provide relatively good user experiences at the lowest possible cost.