What's the variant view on durable software moats versus consensus?

The consensus view is that while artificial intelligence itself is not a durable moat, traditional software moats like network effects, workflow integration, and becoming a system of record remain critical for long-term defensibility [1, 2]. This perspective holds that AI is a powerful but replicable tool for differentiation that is lowering the barrier to entry and creating a hyper-competitive landscape [2, 24]. Unlike previous platform shifts such as cloud or mobile, the importance of AI is a **consensus view** among incumbents, who are actively embracing it rather than being caught unaware [6,