Ask HN: Is it still worth pursuing a software startup?

If you aren't a first mover, your success was always dependent on other skills and great execution across multiple disciplines, and also a lot of stubbornness. The software layer has always been important, but a support role of successful enterprises. Start-ups have always been hard to pull together successfully for a lot of other reasons unrelated to code.

If you find a disruptive algorithm (like pagerank) there is little evidence that LLMs will infer your solution by looking at your app. Anything else, they are just design choices and have never been moats either, but say you have a qualitative edge, you'll make the choices that can create a recognizable brand where someone vibing a copycat may not care as much. Nothing has changed on this. Your chance of succeeding rests on your ability to reach your users and iterate in a crowded space, this is what you always had to do anyway.

There are things, however, that aren't worth working on anymore with the advent of LLMs. Some of these have been fully dismissed, for example sentiment analysis. A single API call for the cheapest (even local) LLM vendor will give you SOTA classification. There are many more examples but they are so obvious. Essentially, the "build me 1 billion dollar app" prompt will never work, so if you have a burning desire to build something, do it. Just remember, there never was and never will be a promise of unlimited fortunes whatever you do.

Big companies try to balance a lot of stakeholders, the collection of all their requirements makes them risk adverse and creates wasted effort. I’ve been on a lot of projects (pre AI coding) with rewrites and changes that have more to do with politics and org changes, lack of vision, and needless veto points.

That’s the small software company advantage still IMO