Why OpenAI could become the next Netscape

In the summer of 1995, the future of computing briefly seemed to belong to Netscape.

Netscape went public that August, barely sixteen months after it had been founded. Its stock doubled on the first day. The company had no empire of hardware, no installed operating system, no grip on the office desktop. What it had was a window into a new world.

Open Navigator, type an address, and the Internet appeared with a little throb of electricity. The browser did not feel like an application. It felt like a passage out of Microsoft's world.

Microsoft noticed.

The battle that followed was called the browser wars, a phrase that makes it sound tidier than it was. Really, it was a fight over who had the right to stand between the user and the next era of computing.

Netscape believed the browser would make the operating system less important. Microsoft...

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