how dont people understand? if you have a VC funded b2b saas, you need to charge huge margins for the investors to get a return. now, small teams can vibe code a replacement and charge 90% less money. AI is going to kill saas margins.
i literally cannot understand why people keep repeating that non tech companies will build their own software, thats not the bear case for saas
Atlassian: surviving since 2002 because no-one could previously build a kanban board or project management app
Yeah.... The code isn't the hard part. That's not where the value is.
This hard part when you're doing in house stuff is getting a good spec, ongoing support, and long term maintenance.
I've gone trough development of a module with a stakeholder, got a whole spec, confirmed it, coded it, launched it, and was then told it didn't work at all like what they needed. It was literally what they told me... I've said 'yes we can make that report, what specific fields do you need' and gotten blank stares.
Even if you're lucky and the original stakeholder and the code are on the same page, as soon as you get a coworkers 'wouldnt it be nice if...' you're going to have a bad day if it's hand coded, vibecoded, or outsourced...
This has always been the problem, it's why no-code never _really_ worked, even if the tech was perfectly functional.