# 麻省理工专家：AI 时代护城河皆为租约

- 来源：Chubby♨️ (@kimmonismus)
- 发布时间：2026-08-02 23:25
- AIHOT 分数：24
- AIHOT 链接：https://aihot.virxact.com/items/cmsbyjrz10uajrohvf26j4bco
- 原文链接：https://x.com/kimmonismus/status/2083937179898638424

## AI 摘要

麻省理工加密经济学实验室创始人 Christian Catalini 在《今日超级智能》发文称，几乎所有护城河——路由、分发、市场流动性、应用层功能——都会随模型升级而削弱。唯一随模型改进而增强的是“验证级”网络效应，关键在于谁拥有他人无法获得的测量数据。

## 正文

Today's Superintelligence is a guest essay by @ccatalini - Founder of the MIT Cryptoeconomics Lab.

His argument： almost every moat you think you have is a lease. Routing. Distribution. Marketplace liquidity. Your app-layer feature set.

All of it gets weaker every single time the models improve.

Exactly one kind of network effect gets stronger instead. He calls it verification-grade， and it comes down to a question most founders never ask： who owns the measurement nobody else has？

Highly recommend you check out his article， link down below （Photo Christian Catalini）：