Technology goes in waves, when a large breakthrough in technology then opens up an opportunity for a lot of small applications of that technology. I wrote some

Technology goes in waves, when a large breakthrough in technology then opens up an opportunity for a lot of small applications of that technology. I wrote some thoughts on Web 2.0 / SaaS startup wave: https://mikebz.com/tech-startups-and-railroad-tracks-d1d5948c16fb https://mikebz.com/tech-startups-and-railroad-tracks-d1d5948... The Mobile wave and SaaS wave are gone, it's possible that AI will open up a lot of small applications or AI Bot economy, but we will see. The low capitalization means that you are mostly writing gluecode and winning on UX, not really doing breakthrough technology innovation that has no revenue for 5-7 years.