Foundation models will get cheaper, faster, and smarter. The wrapper companies that have survived this long will lose their advantage as the models themselves absorb more use cases. Investors have already started asking harder questions. The era of funding AI companies on the strength of a demo and the word "agentic" is over. What replaces it is not the death of AI. It's the maturation of it.

The data you share with AI tools is increasingly the data of your professional thinking. Who holds that data is not a small question. It's basic professional hygiene in 2025. Learn how to transfer data from one AI tool to another