TLDR Tech / Fintech
Trust is the only moat in the AI era
AI is commoditizing software, eroding traditional moats like features and switching costs, leaving trust as the primary defensibility. In regulated industries like fintech and healthcare, winning companies build trust through deep domain expertise, honest product capabilities, and disciplined restraint in shipping. Firms like Zocks and Lorikeet exemplify this by prioritizing accuracy and transparency, turning trust into a compounding advantage and distribution engine.
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