SaaS Is Vanilla. AI Just Learned to Cook.

SaaS spent two decades outsourcing its most defensible value in order to scale fast. Now the market is signaling the moment when SaaS stops being the product and becomes the plumbing. With AI companies going direct to enterprise, the cost of customization is dropping toward zero. But the moats SaaS has aren't going anywhere overnight. The real question isn't whether your ERP survives. It's whether anyone will know it's there.