Essays by Alex Rossie.https://alexrossie.com/https://alexrossie.com/essays/distribution-is-the-new-moat/https://alexrossie.com/essays/distribution-is-the-new-moat/Lovable is worth $6.6 billion and owns no model. Strip out the exuberance and the price is for one thing, the demand. A lab can clone the product. It cannot inherit the customers.Mon, 13 Jul 2026 00:00:00 GMThttps://alexrossie.com/essays/what-the-machines-hand-back/https://alexrossie.com/essays/what-the-machines-hand-back/The looms took the weaving. They did not take the worth of cloth. Three hundred years of automation say the value does not evaporate, it moves, and it keeps moving to the same three places.Sun, 21 Jun 2026 00:00:00 GMT