In 2022, the advent of generative AI triggered a wave of applications reminiscent of the 2007 iPhone launch, though the majority aren't expected to survive long-term.
99% of current AI applications will likely fade away in the next few years due to market competition and larger companies adopting similar functionalities, demonstrating Darwinism in tech.
A few AI applications may evolve into platforms, some will be acquired by larger companies, while others will fade into niche tools, similar to early mobile apps.
Examples like Otter show how smaller AI apps may struggle against established platforms like Microsoft Teams that integrate similar features, emphasizing the competitive landscape.
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