Almost 2 years ago the infamous "moat memo" from Google leaked, it seemed like at the time this was heavily dismissed, however, as the months go on this seems correct. This current generation of GenAI seems like a race to the bottom. Apple seems a lot more justified in their reluctance to join this race. With the advancements that Deepseek has recently made is there any moat in AI?
https://news.ycombinator.com/item?id=35813322