AI-generated code still requires software engineers to build, test, debug, deploy, secure, monitor, be on-call, handle incidents, and so on. That's very expensive. It is much cheaper to pay a small monthly fee to a SaaS company.
Are you as a dev still going to pay for analytics and dashboards that you could have propped up by Claude in 5 minutes instead?
Generating code is one part of software engineering is a small part of SaaS.
Do you pay for OpenTelemetry? How is this related?
So, I ask again - how do you know that the service you're paying for is all of those things?
How do you know anything? How do you know the bank won't lose your money? How do you know the bank note you hold is worth what it says? How do you know?