I feel mixed about the "all software is becoming open source" narrative. While it's true that many apps and games can basically be reverse-engineered with AI now, there are still moats and trade-offs: 1. Distribution and network effects. It's still hard to get a lot of people to join a game at the same time or connect with each other. The flip side here is that if you have distribution, you can make alot of money in a short period of time even if your product is just an AI wrapper. 2.…