Every few weeks, another post appears in my feed declaring that SaaS is finished.

Someone cancelled a subscription, vibe-coded a replacement in an afternoon, and now the economics of software are apparently solved. Why pay €30, €300, or €3,000 a month for a tool when an AI can generate the same thing with a prompt?

The sarcasm around vibe coding does reveal its limitations.

The story has become loud enough that it has started leaking into financial markets. Investors are suddenly trying to understand what AI-assisted software creation might do to companies like HubSpot, Adobe, and Salesforce. If every