alt Hacker NewsI was told by an exec...once a company or technology implements something and gets mindshare, the community (including companies) moves on.
Competition is essentially dead for that segment given there is always outward growth.
With that being said, AI enables smaller players to implement their visions with enough completeness to be viable. And with a hands off approach to code, the underlying technology mindshare does not matter as much.
If that were true first movers would always win. Hotmail came before Gmail. Yahoo came before Google. Myspace came before Facebook. Et cetera. Of course it is best to avoid competition by creating a new (sub)category but category kings can change.