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Why Everybody Just Wan Build AI Startup Suddenly? See The Real Gist Behind The Hyp

Last year na crypto. Before that one, na e-commerce. This year, every pitch deck get ‘A’ and ‘I’ for slide one.

Adebayo Adeyemi

6 days wey pass · 7 min to read

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Why Everybody Just Wan Build AI Startup Suddenly? See The Real Gist Behind The Hyp

Why Everybody Just Wan Build AI Startup Suddenly? See The Real Gist Behind The Hype 🤖💸

If you throw stone for any tech hub right now, e sure me say the stone go bounce from one "AI Founder" head hit another "Prompt Engineer". E don reach the level wey if your startup no get "AI" attached to the name, people go look you like say you dey do 1990 business.

But why the sudden rush? Why everybody just wake up overnight come turn AI builder? Make we break down the serious facts behind this unserious rush.

1. The "ChatGPT" Effect (The Eye-Opener)
Make we no lie, everything change when OpenAI drop ChatGPT. Before then, AI be like one complex math equation wey only professors dey do for laboratory. But the moment people see say ordinary text prompt fit write code, design business plan, and write query, everybody eye open. People come realize say, "Wait o, I fit use this thing build product!" That was the beginning of the madness.

2. The Sika (Money) Matter 💰
If you wan know why people dey rush something, follow the money. Right now, Venture Capitalists (VCs) dey throw money at anything wey get AI inside the pitch deck. If you tell VC say you dey build normal SaaS platform for logistics, dem go tell you say "the market is saturated." But if you say you dey build "AI-powered, machine-learning driven logistics OS," my brother, dem fit write you $2 million pre-seed cheque that same day. Founders don catch the format: no AI, no funding.

3. The "Wrapper" Pandemic
This one na the biggest open secret for the ecosystem. Out of every 10 new AI startups wey dey spring up, about 7 of dem na just "wrappers." Wetin be wrapper? E mean say the founder no actually train any complex AI model. Dem just sit down, design one very sleek, mad UI dashboard, connect am to OpenAI or Claude API at the backend, and call am "Proprietary AI Startup." Na the fine interface people dey pay for, no be any new tech. But as long as e dey solve problem and the user experience sweet, who cares?

4. FOMO (Fear Of Missing Out)
Many tech bros and founders still dey recover from how dem miss the Web3 and Crypto boom few years ago. Nobody wan carry last again. The FOMO is real! People believe say AI na the next industrial revolution, so whether dem fully understand am or not, dem must secure their space for the train before e leave station.

5. The Real Builders vs. The Noise
Despite the cruise and the hype, some people dey actually build solid infrastructure. We dey see platforms using AI to solve real shege—from chronic condition management in healthcare to authorization infrastructure for AI agents, and even preparing the ground for autonomous vehicles.

The Final Verdict
The truth be say, this AI bubble go eventually burst. When the dust settle, all those startups wey just slap "AI" for name to collect VC sika go clear. The only ones wey go remain na those who actually use the AI to solve real-life problems, fix bad user psychology, and deliver massive business value.

Until then, if you dey plan to launch your own, just make sure the UI/UX makes sense and the product is actually useful. Otherwise, na just vibes and inshallah! 🚀

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