There is truth here, but remember that the age of the intelligent networked machine is just beginning.<p>Look at the YC classes. They are very different from 2005. You can&#x27;t get rich making a site like reddit today. YC is going international, with X for Y country businesses.<p>I was talking to a friend with a startup in Indonesia. In Asia its like 1998.<p>I think we are just at the end of the easy social&#x2F;mobile revolution in the West and on the cusp of the next robotics&#x2F;AI&#x2F;IoT revolution.<p>And the same process that created cheap and easy tools for software, the same process that dropped the cost of starting a SaaS business 10x will happen for robotics&#x2F;ai&#x2F;IoT.<p>Its already relatively cheap and easy to prototype and fabricate things like low power bluetooth wearables.<p>Computers have just gotten tiny, low power, wireless and cheap enough to be disposable. These devices are about to be everywhere.<p>This is not the end of the tech startup gold rush. It&#x27;s time to learn AI and hardware prototyping.