This is what always confused me about VC AI enthusiasm. Their moat is the capital. As AI improves, it destroys their moat. And yet, they are stoked to invest in it, the architects of their own demise.
There’s no alternative, they can’t collectively freeze out all AI investment and force it to die.
Don't you have that backwards? If AI gets so good that it can replace all human labor, will capital like money and data centers be the only moat left?