Why would it mean that their days are numbered? Nothing wrong with having steady income from a loyal customer-base, even if that customer-base is niche.
It would mean that if they are operating at a loss and hoping to capture more of the market later. But if they're profitable then the main danger is a competitor coming along.
Growth mindset is a big part of our sick society, unfortunately. It's the only thing our politicians like to talk about, after all. Being a stable business delivering value is as good as dead.
I think the bigger danger is the competition around AI chat assistants. There are other paid assistants, but you already see that even the paid assistants are getting trained to promote certain corporations.
Bing Chat (chatgpt without login) has replaced more than 80% of my searches. Still with kagi for the remaining 20% but if my searches run out I probably use duck again for those
Why would it mean that their days are numbered? Nothing wrong with having steady income from a loyal customer-base, even if that customer-base is niche.