SaaS or software to a larger extent is domain knowledge + quality code.
Does AI generate high quality code now? Yes but not always. Will it close the gap in the long run? Maybe, but unlikely. Chatbots are software themselves. And mass production of commodity requires standard assembly line. The majority of software products cannot be mass produced.
> The most common mechanism for creating a venture-backed business is by bringing efficiency to existing markets. This approach is the simplest and least risky because the demand for the product already exists. The promise is to deliver a product that is quantitatively better than what currently exists. There is often little technological uncertainty, as existing technology is applied to a new domain (low R&D).
Great insight from the pile of data. I know a lot of fellow founders failed miserably to conclude on this same lessons.
This guy is the legend. Many other so-called solopreneurs sell shovels to other solopreneurs (and most of those are valuable), but levelsio makes several impactful sites with PHP and plain JavaScript.
Does AI generate high quality code now? Yes but not always. Will it close the gap in the long run? Maybe, but unlikely. Chatbots are software themselves. And mass production of commodity requires standard assembly line. The majority of software products cannot be mass produced.