> 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 well.
An idea is not a moat. Execution is only a moat if being nimble is part of the ongoing offering.
Historically, during booms like this (for example the industrial revolution), it was, because we had patent protections in order to encourage ideas to be brought to market. I don't see how you can have an AI revolution that doesn't just funnel everything to the top without something similar.
Why invent the cotton gin, find investors, and bring it to market if the steel company with the infinite worker machine can instantly compete with you?