Outside of coding, there’s a very real chance that people are equating the activity of agents for value creation. It seems plausible that most agent activity outside of coding is not value-creating, but rather busywork. No different than most of the labor of their operators.↗

When it comes to competitive moats ... Easy to copy: point in time facts; harder to copy: facts in motion; very hard to copy: second derivatives/momentum, emergent properties of complex systems, journeys.↗