When AI commoditizes software, the only durable moats are physical assets.
As generative AI erodes the value of software, intellectual property, and white-collar work, investors are institutionalizing capital around heavy, hard-to-replicate physical infrastructure — energy reserves, mines, grids, and distribution networks — as the last moat AI cannot replicate.
The same conclusion keeps arriving from across the workspace's research — 1 topics independently instantiate this theme. Filter the evidence by where it came from:
The HALO framework and its new LOHA ETF productize the law — packaging energy reserves, mines, and distribution networks as the institutional answer to AI's commoditization of software, IP, and white-collar work.
The capital-spending supercycle is relocating market leadership into value-sector builders of physical infrastructure, producing growth pockets precisely where software moats have commoditized.