AI Has No Moat
2 days ago
- #AI Hype
- #Tech Criticism
- #Business Models
- SpaceX's potential $60B acquisition of Cursor is criticized as overly expensive compared to Twitter's $44B price, with skepticism about its value and user engagement.
- Opencode is highlighted as a top coding agent with a solid business model, though concerns exist about potential 'enshittification' and spyware issues, as seen in leaked Claude Code.
- Closed-source AI models like GPT-5.4 and Opus 4.7 lead in performance but are costly, while open alternatives like Kimi K2.6 and GLM 5.1 are close behind and more affordable.
- The AI industry is described as driven by money grubbiness, FOMO, and short-term thinking, with irrational beliefs in AGI and singularity fantasies detached from reality.
- The text suggests the tech world is in a state of 'AI psychosis,' calling for a swift end to avoid a prolonged, painful decline marked by irrational exuberance.