| ▲ | benatkin a day ago | |
AI is making it a low-moat industry too. It's a lot quicker to build some API docs, a behavior tracking JavaScript library, and some fraud detection, with LLMs. | ||
| ▲ | disgruntledphd2 a day ago | parent [-] | |
> some fraud detection Fraud detection is really, really, really, really hard so I would probably stick with someone like Stripe for this, as they have so much data that they can do a really good job. And fundamentally, the moat for Stripe isn't just the front-end APIs, it's all the work that they do (and there's a lot) in connecting together financial infrastructure. Even if you could wave a magic wand and generate all the code Stripe has (which you can't, currently) then you'd still need to build out all the partnerships, which is a lot of work. Disclaimer: former Stripe (though only a tourist), still hold some of their shares. | ||