I don’t necessarily disagree, but replacing ‘AI’ with ‘algorithms’ seems a bit suspect (not least because one is a subset of the other). It seems unlikely anyon

I don’t necessarily disagree, but replacing ‘AI’ with ‘algorithms’ seems a bit suspect (not least because one is a subset of the other). It seems unlikely anyone would have imagined even twenty years ago that there wasn’t room for a multitude of startups developing their own algorithms, because even today that’s the case. Current ‘AI’ itself virtually is (built on) a single example of an an algorithm, which is why on the surface there seems to be far less scope for differentiation. There’s room for genuinely new architectures and techniques, but that’s not what most of these ‘AI startups’ are offering (even if they pretend otherwise).