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Wednesday Hot Take: The smartphone may just be the end of one hardware cycle. Not that long ago, hardware still had pretty clear jobs. Your phone was for calls, your MP3 player was for music, your camera was for photos, and your watch told you the time. Then the smartphone absorbed almost all of it, and manufacturers are still finding new things to stuff into that poor little phone. But it didn't take long for the pendulum to start moving the other way. We're seeing more hardware built around a specific purpose again, with devices going back to being really good at one thing. It looks like a step backwards. We think it might actually be where hardware is heading. A tool doesn't need to become a department store. Sometimes, it just needs to do the thing that matters really well. What do you think? #MoonphaseAI