It was like the search engine era. Everyone threw money at everything and Google won. Looks like Cursor might be the next Google at this rate. But there's still other things to win at in the AI arena, so there's probably some FOMO.

I do believe there's room for segmentation on agents as well. Manus and ChatGPT Deep Research are fairly different and they likely access different sources. Grok seems to play mostly on social media and so on. I think companies need the kind of depth that Cursor has. GitHub tried to do a bit of everything and failed despite their resources.