This is only relevant at the lower end, when you don’t really care about the company you’re paying, as long as it fixes your issue.

At the high end, big companies are loathe to trust new AI-coded-looking startups. Relationships and meetings are a lot more important at that level.

Yes, I don’t know why a lot of this articles oversee this fact. Economics of SaaS will change not because customer will build their bakeries, there will be tons of bakeries selling cheaper bread.

> AI is doing the same and fundamentally changing the economics of production.

Not really. SaaS were already trivially replaceable; it's just slightly cheaper now. But the line item is still a line item.

> What used to take years and huge teams to build can be built by much smaller teams much faster.

It takes years to develop a product, but only weeks or maybe a couple months to replace. You're greatly overestimating the work that goes into building a clearly defined product.

The expensive part for producers is figuring out what to sell and how to define the market. The expensive part for customers is burning capital while chasing after customers who would rather not think about the tools they've already committed to paying for. AI just burns the fat off of an already lean process.

I don’t agree. I think businesses including SaaS are not primarily their tech, but are mostly composed of other functions: sales, marketing, customer success, product management, strategy etc. The value is actually more in these other components than in the code.