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Pareen Lathia · @pareen

Moats Evolve With Each Wave

From x.com/pareen

I reflected on how each technology wave adds a "crazy amount of leverage" to the software layer, causing power‑law dynamics to sharpen and push markets toward duopolies that look like "Coke vs Pepsi" in every software category.

Software will not die. No, companies will not spin up their custom software for most functions just coz they can.

Each tech wave creates additional leverage. AI creates a crazy amount of leverage on software layer of the stack.

The winner will take as much as anti‑trust laws allow. # second will probably be a replica with a different feel.