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[return to "Why software stocks are getting pummelled"]
1. llmsla+SZ1[view] [source] 2026-02-02 19:35:56
>>peteth+(OP)
Software will be easy to create, which will kill moats and margins on existing products. The game is up for pure saas. Smart money started pricing this in one year ago
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2. idle_z+512[view] [source] 2026-02-02 19:41:18
>>llmsla+SZ1
Was the hard part ever really the software, though? It's the Service part of SaaS that seems to provide the moat. Lock-in, habits, workflows, integrations, and trust. And don't discount the appeal of making some part of your operations "someone else's problem." Could you hire engineers or use an LLM to make your own Google Docs? Probably, yeah, but would that be worth the headache of being responsible for a bespoke internal document system?
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3. senko+W32[view] [source] 2026-02-02 19:53:31
>>idle_z+512
> Could you hire engineers or use an LLM to make your own Google Docs

Or you can just ask your LLM to install https://github.com/CollaboraOnline/online

Between open source, LLMs, and SaaS vendors getting greedy and privacy invasive, the total pain minimization calc might shift for some orgs.

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