where does durable advantage reconcentrate?
This is ostensibly about AI and software and not about poetry and spending time with small groups of people you love but it seems like it applies.
it raises the question that follows logically from duration compression: if software moats erode faster, where does durable advantage reconcentrate? The answer may be in the places that resist compression, physical infrastructure, energy constraints, material bottlenecks, regulatory barriers. The assets that cannot be replicated with model access and API credits. The things that still require time.