> The value of human thinking is going down.
Wrong. Creativity, innovation, intuition, taste - all forms of thought solely inherent to humans, all going up.
The only moat left is money?
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Re: The only moat left is money?
#12I disagree. I think creativity is still a valid moat. You still need to build good products. Its like a restaurant anyone with some money can open a restaurant but you need to has the creativity to make a good one.
The only moat that can beat the money moat, in fact
Money (better thought of as credit, since we are talking about fiat here) is an attractor so much as it can stand for or purchase productive energy. If that fails (central bank failure, currency failure, government failure), creativity takes its place
Re: The only moat left is money?
#13This AI boom is just a hyper-version of previous tech booms (web 1.0, VC, crypto, etc). You have an enormous number of people who just want to get in and build something, but the products they are pumping out don't serve anyone's need or solve anyone's problem. The moat isn't money for out-marketing your idea that 750 other people are building, it's having a good idea that solves a problem that nobody else is solving…
how to prevent others from building a copycat using ai?
Re: The only moat left is money?
#14People here saying creativity or having a good idea is the moat
You know that if anything you build gets traction, it'll be cloned by 100 people, right?
Re: The only moat left is money?
#15> The value of human thinking is going down. Wrong. Creativity, innovation, intuition, taste - all forms of thought solely inherent to humans, all going up.
I used to agree completely, and a part of me still does. But the part of me that's scared that this isn't true is getting louder and louder.
I'm a novelist and software engineer. The value of one of those skills is trending to zero. I'm not seeing much to suggest, in the face of the hockey stick of doom, that the other isn't.
Re: The only moat left is money?
#16I disagree. I think creativity is still a valid moat. You still need to build good products. Its like a restaurant anyone with some money can open a restaurant but you need to has the creativity to make a good one.
I think, in time, it will be shown to be the real, persistent differentiator. And far more valuable.
But it's also not a moat in the same way. It's accessible to everyone, but you have to actually disregard the parts of yourself that want to drive hard in some direction just for money or power or external validation.
From the look of things right now, it may take some pain before that really gets to shine.
Re: The only moat left is money?
#17I disagree. I think creativity is still a valid moat. You still need to build good products. Its like a restaurant anyone with some money can open a restaurant but you need to has the creativity to make a good one.
What's to stop someone copying your creations? Creativity is the reason a moat is needed.
Re: The only moat left is money?
#18"The value of human thinking is going down."
No! I fundamentally reject this.
The value of unoriginal thinking has gone down. Thinking which is quotidian and pedestrian has become even more worthless than it already was.
The value of true, original human thinking has gone up even higher than it ever has been.
Do we think no new companies will ever succeed now? Of course not. Who, then, will succeed? It will be innovators and original thinkers and those with excellent taste.
Why did stripe make big inroads in developer spaces even if they are in an ultra competitive low margin market? They had excellent taste in developer ergonomics. They won big not because they coded well or fast (though I know pc thinks their speed is a big factor, I think he is mostly incorrect on that) but because they had an actual sense of originality and propriety to their approach! And it resonated.
So many other products are similar. You can massively disrupt a space simply by having an original angle on it that nobody else has had. Look at video games! Perhaps the best example of this is how utterly horribly AAA games have been doing, while indie hits produce instantly timeless entries.
And soon this will be the ONLY thing that still differentiates. Artistic propriety, originality, and taste.
(And, of course, the ever-elusive ability to actually execute that I also don't think LLMs will help with.)
Re: The only moat left is money?
#19Capitalism working as intended, shifting more and more resources to the already-rich. A handful of people doesn't own most of the country by accident.
Wealth is not a zero sum game. There’s more wealth in the world today than 50 years ago, 500 years ago, 5000 years ago.
Re: The only moat left is money?
#20I disagree. I think creativity is still a valid moat. You still need to build good products. Its like a restaurant anyone with some money can open a restaurant but you need to has the creativity to make a good one.
You don't need a ton of creativity for a good restaurant if you have good staff, and upkeep. I'll take a boring well maintained and staffed restaurant over an overpriced "creative" restaurant where the waiters are terrible and the chef is even worse.