“What that also means is that you don’t need to be an AI genius to succeed in building applications. With thoughtful software engineering and a focus on customer data, you’ll build a moat over time.”

This sounds encouraging at first glance, but even more demoralizing when you think about it. It doesn’t matter how clever or smart you are over your competitors. If you don’t have the data, you don’t stand a chance. And of course the incumbents have the data not you, the entrepreneur