Is industrial hardware the new software for high profile risk taking investors? Getting back to the physics moat.
Software creation has never been easier, with a one minute prompt you get miracle applications MVP with Gemini’s AI studio (getting closer and closer to commercial ready). Old software giants such as Eventbrite, Evernote, Wetransfer … being acquired for “cents on the dollar” by Bending Spoons, reducing its workforce, to operate lean AI first. This only showcases the lower barrier, lesser development costs, i.e. need of capital deployment, lesser attractiveness as moat for software today practically disappears, which translates in capital seeking other areas for deployment. Real world assets are back, efforts of designing, building, scaling, keeping everything at reasonable cost, remains a real long term advantage. Generating energy cheaply doesn't equal cheap consumption, generation must get closer to its use and be combined with energy storage. Focus is today in energy generation on-site, saving in transport costs, reaching further and with limited access places, mixed with energy...
