OpenAI is at a classic strategy crossroads involving its ‘moat’—which Warren Buffett believes can make or break a business

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It’s an epochal moment as history’s latest general-purpose technology, AI, forms itself into an industry. Much depends on these early days, especially the fate of the industry’s leader by a mile, OpenAI. In terms of the last general-purpose technology, the internet, will it become a colossus like Google or be forgotten like AltaVista?

No one can know, but here’s how to think about it.