Many founders in the last 18 months are going to realize that just because there are no “moats” in AI left anymore doesn’t mean “scale and capital” become your main moat. We have seen this movie before.. all of us wil…

AI 领域“护城河已消失”的说法被广泛接受,但投资人和创始人 Nikunj Kothari 警告,单纯依赖规模和资本并不能构成可持续的竞争壁垒;历史上一连串曾经规模庞大、资本雄厚的公司(如 Webvan、MySpace、Nokia)最终都因缺乏独特洞察而失败,这一教训对当前 AI 创业环境尤为现实。








