I agree, but this is mostly true because there's so much low-hanging fruit out there. If you look at the current successful startups like Uber and Airbnb, they're really trivial applications. That doesn't mean they can't create huge amounts of value by "trivially" repackaging services and connecting people.

Once the low-hanging fruit is developed during the next 10 years or so we can finally start focusing on actual high-tech engineering startups.