Roelof Botha: AI is biggest drainer of moats; speed of adaptation critical
Roelof Botha states AI is 'the biggest drainer of moats companies have ever seen' and emphasizes that the pace of change requires CEOs to move fast on structural decisions. He cites Block's 3-week decision cycle for 40% layoffs as an example of the necessary speed, contrasting with the typical 6-12 month dithering.