The One Thing AI Giants Can’t Steal: Why Meitu’s 70% Margins Prove Taste Is the Ultimate Moat
Meitu’s CFO reveals why the ‘LLM will eat the app layer’ narrative is wrong for visual AI. With 70%+ gross margins, self-trained models, and a strategy that embeds teams into local cultures, Meitu proves that subjective taste—not raw compute—is the real moat. A blueprint for AI startups terrified of being crushed by general models.