New gen AI tools and start-ups are challenging entire industries with innovative, low cost propositions. For example, an open AI workspace has been developed to challenge the behemoth that is Microsoft Office.
This sort of existential threat should force you to reflect on the resilience of your own competitive moat, and to remind you that any monopoly that is not based on delivering the best value to the end user is not as durable as it may feel.
Read more: OpenAI Quietly Designed a Rival to Google Workspace, Microsoft Office