I think personal computers area good analogy to kitchen equipment, but I draw the opposite conclusion.

Back in the 1980s, only a small group of elite users had access to workstations built by companies like SGI, which had advanced graphics beyond anything the average person would know. Many people couldn't type and had secretaries to do it for them.

Nowadays, there are millions of people who know how to use advances tools like Photoshop, every computer is essentially a workstation, and some people even want to see every child learning how to code.

Food literacy and kitchen equipment are going on the same trajectory, and I'd put my money on the food startups that cater to the high end of the market, which will eventually been the mainstream.