[ezxs]

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-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.

[janalsncm]

Yes, and the US basically missed the battery wave. CATL and other Chinese companies own that now.

[NetOpWibby]

> not really doing breakthrough technology innovation that has no revenue for 5-7 years

Everything that gets popular on Product Hunt