I've been posting on my personal blog about topics that are likely less interesting to the regular LessWrong user, but I wanted to link to it here for those interested in the intersection of AI safety and startups.
https://jacquesthibodeau.com/
Recent post: https://jacquesthibodeau.com/when-execution-gets-cheap-does-taste-become-the-moat/
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When Execution Gets Cheap, Does Taste Become the Moat?
For 20 years, the startup mantra has been: "Ideas are worthless. Execution is everything."
That era is ending.
When AI executes 10x faster and cheaper than a team of engineers, execution stops being the differentiator. The game shifts to taste. Which problems are worth solving. Which solutions are good. What to build before the market tells you. How do your internal systems allow you to accelerate faster than any of the competition.
Scott Stevenson calls this "High-Frequency Software." When stock trading moved from floor traders shouting in the pit to algorithms executing millions of trades per day, it wasn't the same game. A phase shift occurred. The skills that won in the pit didn't translate.
Software is hitting that same phase shift.
When execution costs approach zero, a few things flip:
Ideas become precious. Anyone can build your product in a weekend. Your only moat is knowing what to build and why. Stealth becomes rational again.
Speed becomes strategy. AMP, a coding agent company, killed tab completion, their VS Code extension, forking, and custom commands in weeks. Not because they were bad. The field moved. They treat shipping as research. Build, test, learn, kill, repeat.
Companies become funds. Instead of one product climbing one gradient, the best companies run portfolios of bets.
But speed without vision accelerates you into a local minimum. You can get early traction, but then customers pull you in ten directions. All your time goes to urgent requests. You never build what actually matters (the non-urgent b