You work in this space and you dont know what the moat is?
The market is two-sided
All of the people working in CS don't know if P=NP: working in a field doesn't mean you have all the answers.
Tells you a lot about the state of the industry.
There doesn't seem to be much of a moat. OpenAI, Gemini, Meta, X.Ai and Anthropic all seem to be able to much the same stuff. o1 is novel at the moment but I bet it'll be copied soon.
If you don't know what it is, how do you know it's not training data?