The incompetent have always pantomimed the competent. It never works. Although the incompetent will always pay a huge amount to try to achieve this fantasy.
This is what always confused me about VC AI enthusiasm. Their moat is the capital. As AI improves, it destroys their moat. And yet, they are stoked to invest in it, the architects of their own demise.
> If AI gets so good that it can replace all human labor, will capital like money and data centers be the only moat left?
If AI gets good enough to replace all human labor then actual physical moats to keep the hungry, rioting replaced humans away will be the most important moats.