I'd expand the moats left to: - Proprietary data or content: data nobody else has, or unique content you can create - Network effects / community: users make it more valuable for each other - Audience / distribution: you can get attention on demand - Physical component: hardware, locations, real-world operations - Capital: owning assets and investing (esp into the AI companies as they are and will suck up large parts of the economy) - Regulatory: licenses and legal barriers

I'd expand the moats left to: - Proprietary data or content: data nobody else has, or unique content you can create - Network effects / community: users make it more valuable for each other - Audience / distribution: you can get attention on demand - Physical component: hardware, locations, real-world operations - Capital: owning assets and investing (esp into the AI companies as they are and will suck up large parts of the economy) - Regulatory: licenses and legal barriers

Pieter Levels(@levelsio)

@levelsio on X: "I'd expand the moats left to: - Proprietary data or content: data nobody else has, or unique content yo...

1. 主题聚焦：I'd expand the moats left to: - Proprietary data 2. 来源：Pieter Levels(@levelsio)，建议结合原文判断细节。 3. AI 分析暂不可用，本条为保底评分与摘要。

AI, 后端