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Beyond Data: Where Are the Real Moats in the AI Era?

· 4 min read
Dave Hulbert
Builder and maintainer of Wardley Leadership Strategies

As Large Language Models (LLMs) become commodities, one idea keeps coming up: data is the only moat that matters. It matters a lot, but it is rarely enough on its own. A proprietary dataset helps, yet competitors can often narrow that gap faster than leaders expect. Durable advantage usually comes from combining several moats that reinforce each other.