[elawler24]

But all of the example stories are far deeper than “wrappers”. They do have a moat, and use OpenAI (or x model) as a commodity like AWS or Google Cloud. They’re mixing models with their proprietary data and leveraging techniques that are hard to copy (either due to cost, time, or traditional network effects).

If you’re bootstrapping a company to make personal money - buy ads and be a wrapper. If you want VCs, companies, and consumers to buy in long-term - you still need depth. Even in the world of AI, that comes from owning data + network effects, not just an AI interface.