Everyone wants smarter agents. We care more about smarter constraints.
Better models won't decide who wins. The operators who win will be the ones who can run thousands of agent actions without leaking data, breaking permissions, or quietly introducing security holes.
1/ There's a bottleneck in AI that hundreds of billions of dollars can't buy past: the very few people who can wield this technology well enough to matter.
There aren't nearly enough of them, and the entire buildout runs through them.
