I don't know and can't answer or predict that. But that's exactly what it could become (although probably not that extreme), where the agents doing much of the internal work are proprietary, conferring a research advantage.
My point is that it is not a real moat if other players can hire people from core research teams, and get a foothold that easily. And when/if models are good enough, you don't even need many people to form a fully functioning team.
My point is that it is not a real moat if other players can hire people from core research teams, and get a foothold that easily. And when/if models are good enough, you don't even need many people to form a fully functioning team.