I agree with your assessment, nice chart.

I do think there are some people starting to share my epiphany in that AI is the new UI. The shift in investment from foundational models to wrappers is indicative of this, plus all the helpers being baked into chat bots and things like MCP... LLM's are just a new way of calling real API's without a front-end designer to mediate that with the user. That's the enlightenment imo.