What are some businesses where software was really a moat but the software lacks sufficient complexity that AI can reproduce it?
I can't think of any, I'm sure there are some, but I would really like to know. I just don't think for most business the software is so much of a moat unless it's very complex.
Well, the most recent example would be the Adobe suite rewrite [0]
[0] https://www.afr.com/technology/ai-can-make-free-copies-of-ad...