The only moat left is money?
41–50 of 398 posts
Re: The only moat left is money?
#42And 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?
#43This 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…
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?
#44The 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…
Re: The only moat left is money?
#45Kind of nice to know I don’t have to blame myself anymore.
Re: The only moat left is money?
#46I 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.
Re: The only moat left is money?
#47Re: The only moat left is money?
#48Re: The only moat left is money?
#49Capitalism 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.