[bhag2066]

The moats are 1) network effects, 2) switching costs, 3) economics of scale, 4) low cost producer, and 5) brand. So an AI technology where each new user makes it more valuable for the existing users, there are data lock-ins that prevent customer switching, training costs are spread across more users, there is access to lower cost chips/storage/compute and a brand that attracts more users.

OpenAI already appears to hit a number of these categories.

[chris-orgmenta]

May I add: 6) Any anti-AIcorp legislation (that the current incumbents may encourage, which does not affect themselves) - legislative barriers to entry?

I am not convinced they have truly managed this yet - It is a concern of mine though.