Amazon FBA can still be a business ideea for someone starting now?

Do you guys believe that it can still be a good ideea to start an FBA business in 2023?

Asking if with time and dedication you can still create a profitable business in 6month -1 year and if the posibilities for entering niche products with private label and brands are there.

I expect 2023 to be a year where the consumers will pay more attention on what they spend their money on and i fear that the already established sellers will strive or at least maintain while the small and new sellers will be washed out.

What do you think?

I welcome all your opinions and suggestions.

Thank you, and wish you a happy new year!