That's not what he's saying. He's saying that the market suffers because of a lack of competition - and I tend to agree with that.
And as a side note, this article seems to sort of be leading towards that sentiment: "there’s very little reason for start-ups to even attempt to pursue the wonky world of hardware."
And as a side note, this article seems to sort of be leading towards that sentiment: "there’s very little reason for start-ups to even attempt to pursue the wonky world of hardware."