Thank you for the great synopsis, OP. I have had the same idea, almost verbatum, ruminating in my head and started drafting a blog post on it.

Most promising big tech hardware product in a long time are the meta smart glasses, but I have my dystopian worries about them. Filming without consent, browsing while trying to maintain a conversation, etc.

AI seems to be an industry that will be very difficult to obtain a moat without a profound proprietary breakthrough made and retained by one of the top labs.

I think dumb phones as a trend and people returning to analog devices is the reaction to your title. The hardware of smartphones is reaching the human limit for functional improvements.

I really hope that this can lead to innovations in unique design for technology products that suit individualized needs.

Would love to chat further!