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The only moat left is money?

elliotbonneville.com

41–50 of 398 posts

Re: The only moat left is money?

#41
I liked the part about attention being the scarce resource now. Everyone is competing for your attention. But then I see a world in which openclaw is managing emails for people and searching the internet for them and shopping in their behalf. How long until we start seeing advertising specifically targeting AI instead of humans?

Re: The only moat left is money?

#42
There is an old word for it: saturation.

And let's be honest that's not a new thing. It's been already a long time since you had a revolutionary idea in the shower only to google it(or use an LLM nowadays) and discover that there are already eight different apps that do what you were thinking.

Re: The only moat left is money?

#43
post #3

This 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…

> the products they are pumping out don't serve anyone's need or solve anyone's problem.

This isn't true though.

Yes, there are too many products being build that don't serve anyone's needs or solve anyone's problems.

However, many of the AI products do solve problems and serve needs.

You're right though, to compare this to other booms, which also had the same problem. This is very much a "hyper" version, which is pretty incredible to be in the middle of.

Re: The only moat left is money?

#44
post #38

The well is drying. You have less money available for hustling and less small players with money. With layoffs happening everywhere you have more people with ambition and time on their hands, but less of them can afford big expenses or major risks. The hype machine currently pushing for agents is selling agents ability to do automated marketing. However the bigger companies know better than to create giant security h…

I had this conspiratorial thought, would a model really just spit out some money-making scheme, or would it be blocked. Made me think to run the model myself on my own GPUs but still a black box, at least you control your prompts/data flow locally.

Re: The only moat left is money?

#46
post #8

I 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.

And you'll still probably get beat by a restaurant in a better location or one with better marketing

Re: The only moat left is money?

#49
post #2

Capitalism 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.

There are a lot of zero-sum things that are being chased by money, and maybe even the most sought after ones. Like political power, sexual partners, and chasing the top % of credentials for your offspring to position them with better access to zero sum things.
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