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I have been working in AI/Data Science and startups since 2003 and for the last couple of years I can see the shift is coming, and it is both exciting and very bothering. Just like in 2008 I see there is this combination of loss of jobs and new startups launched, and this is expectable. In the next couple of years it will only speed up, we will see more solo founders, more people trying to launch a business, and more failure stories. What's different is the scale of making new things: it's so easy now to launch something small, not very data-savvy, and of course it needs AI in it.
Oversaturation is coming our way with a crazy speed, many founders price their services cheaper and cheaper, and we all know where it leads. Someone sees it works, repeats, sets the price lower.. It's like a downward spiral we are rapidly moving into.
Just in the last couple of months I heard founders pith one and the same idea in different variations about 10+times, it starts looking like a "Groundhog Day" of ideas!
I am very excited about physical products and unsexy startups I'm advising, since at least they have a better chance to stay afloat. Especially devices, robotics, everything linked to meds / personal care, or even food. These have a better chance of a successful exit.
Just Friday thoughts of an elderly person, would be glad to see what are your observations.