[vineyardmike]

Well stable diffusion’s parent company is nearly dead due to funding issues. So competing isn’t something they’re succeeding at.

The moat memo misses the truth that google knows: you need existing customers. Ideally paying customers.

Firefly has doesn’t have a moat, it has a well. It has a way to sustain and fund development and growth and servers. That’s why google doesn’t need a moat. They have the funds to take on anyone, and probably win.