We need it. Let the thermal engine models die.
That's why they were anti-EV for so long, since that threatened their lucrative ICE dominance.
But I believe you're wrong. Lots of startups tackle old problems and succeed.
The best example would be Alan, for health insurance. They're a startup in a traditional field dominated by half-a-century players.
Indy is another example : enterprise accounting is very old. It wasn't industrial, now it is, online.
Decathlon's bikes did destroy old players of this field.
Mistral crushed every French decade-old IT companies in the LLM domain. Etc.
Afaik they only seem to operate in France and Belgium not in whole of EU. So how is that a "best example" ?
>Mistral crushed every French decade-old IT companies in the LLM domain. Etc.
Mistral didn't crush anything, Legacy French SW companies are still there doing business.