Person

Dan Farrelly

CTO & Co-founder, Inngest

Artwork for Is the moat the model or the loop? | First Pass Ep. 2 with Dan Farrelly (Inngest)
Altimeter Capital YouTubeDan Farrelly

Is the moat the model or the loop? | First Pass Ep. 2 with Dan Farrelly (Inngest)

Dan Farrelly argues that in AI agents, the real moat is not the model but the loop: the production system that continuously evaluates state, chooses actions, and invokes skills. The episode breaks agent systems into three layers—loop, skill, and orchestrator—and emphasizes durability, observability, retries, and self-improvement as the hard problems.