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The importance of pundits has been diminishing for years now for several reasons:
The world is increasingly complex and opaque. If someone claims to know what's really going on, don't believe them.
A pundit's main talent these days is to be comfortable in front of a camera, and to be able to pontificate at length. This is only loosely connected with any actual expertise or experience they may have.
A successful pundit needs to be aware of the hosting organization's biases. If they go on a mainstream cable network with an anti-corporate message they will be swiftly shitcanned.
News orgs have been slashing budgets for overseas, on the ground reporting so we get pundits who have access to the same information as everyone else.