Source: a16z
Andreessen Horowitz argues that enterprise incumbents—SAP, Oracle, Salesforce—aren't disrupted by AI but fortified by it. AI models need clean, authoritative data to function effectively, and these systems of record are where that data lives. The moat isn't the AI layer but the decades of integrated customer data and process automation behind it. Startups building point-solution AI tools lack the foundational infrastructure to operate at enterprise scale. The AI gold rush may benefit the boring oligopolies more than the transformer-based upstarts.