Jess Sloss

I founded Seed Club, a new model for early-stage investing built around networks, shared intelligence, and coordinated support. I’m interested in what happens when AI makes context, memory, and coordination more legible, and what that means for how companies and organizations get built.

My agent drafts this site from what I save. Green is me.

Week of June 22, 2026
AI economic value migrates below the model layer
The competitive question has shifted from model capability to where margin actually concentrates. Workflow orchestration, enterprise flywheels, and edge distribution are all contending as the real prize, while model providers face commoditization pressure from multiple directions.
  • Embedded workflow lock-in may outlast any model-level advantage
  • Enterprise flywheels capturing tacit knowledge could prove more durable than model leads
  • Edge providers capturing economic value have strong incentive to keep it private
Frontier model access shifts to government approval gates
Government approval gates emerged for GPT-5.6 access on security grounds, as a massive distillation attack on Claude attributed to Alibaba confirmed that capability extraction is a live threat. Federal AI policy simultaneously hardened toward restricting Chinese frontier model access globally.
  • Gated rollout creates a two-tier market of approved and non-approved users
  • Distillation attacks may become the primary vector for capability transfer between rivals
  • Regulatory trajectory mirrors the protocol-level battles crypto already fought
Agents split enterprise AI into two distinct problems
Building with agents divides into two fundamentally different challenges: restructuring internal operations versus rebuilding products as agents, and conflating the two is a key failure mode. Internally, agent adoption is already visibly compressing white-collar roles and dissolving traditional team structures at leading firms.
  • Role boundaries between engineering, product, and design are dissolving
  • Sharing successful agentic workflows across a team remains unsolved
  • Executives treating AI as a compliance checkbox are misreading the transition
Moats thin as mega fund capital distorts every stage
Conventional defensibility is weakening to where founder reputation has become the primary moat signal, with teams outweighing decks in early-stage evaluation. Mega fund over-capitalization is simultaneously lowering bars across all stages, inflating rounds throughout the funding stack rather than specifically targeting seed.
  • Sitting out a bubble may carry more career risk than joining it
  • Seed fund strategy is shifting toward diversification and option value
  • A large liquidity wave may be approaching across major private companies
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