What new ideas exist that some “programmer” can build themselves with a laptop and an energy drink? CRUD web app ideas are largely exhausted and their functionality has been absorbed into 5 major companies. If an idea is truly new and shows promise one of those companies will quickly clone it and integrate it with their platform, so their existing users have minimal effort to start using it. They won’t use your new app. Signing up for services is a pain.
Starting a tech company these days is going to be more and more complex. You can’t get by with a web app you hacked together in an afternoon. And, it will likely need to involve AI to attract investors. You also need to have plenty of capital to procure users via marketing.
I agree the market is saturated now. Unless you have a ton of luck on your side with some random new currently irrelevant tech which leads to venture funding in before the big 5 come in to compete.
Technofeudalism
They do not.
