> That's why their point is what the subheadline says, that the moat is the system, not the model.

I'm skeptical; they provided a tiny piece of code and a hint to the possible problem, and their system found the bug using a small model.

That is hardly useful, is it? In order to get the same result , they had to know both where the bug is and what the bug is.

All these companies in the business of "reselling tokens, but with a markup" aren't going to last long. The only strategy is "get bought out and cash out before the bubble pops".