[CharlieDigital]

    > that offer the same for 10x less money.

Not likely because there is still a lower bound. These 1 person startups are winning partially because they are already 10x cheaper than the incumbents.

But beyond that, it's not likely that there are 10x the number of people who know the domain and have the right mindset plus appetite for risk.

[vidarh]

I'm not entirely disagreeing. There are limits there that means we can't assume the margins will go to their theoretical minimum. But you're also in part assuming the models don't increasingly know the domain or know how to research the domain and compile the information for you.

They'll be squeezing margins out of a lot more than just the tech.