AI might be overhyped, but it's the real deal and not a nothingburger.
A lot of these companies existed even though when you could have cooked them up in a week or two even before AI. OK, so you've replaced Monday/Atlassian with something (which was easy to do anyway IMO, e.g. Linear). Now you need to replace Salesforce? Office (or gsuite)? Figma? Slack/Teams? Zoom? The problem that these companies solve is liability, compliance, security, maintenance etc. Sure, maybe you can replace one of these - but when you've got 10 or 20 or 50 of them, are you going to move all of those in-house? Who's going to manage that? Who'll manage the infrastructure? who'll handle CVEs or security issues?
There's also the case that these software companies can leverage AI themselves to make their product better.
Yes, I think that many companies will take a hit, but I think that there's a race to the bottom that people are ignoring, and if just creating a cheaper alternative to take major business from these companies was enough, they had a problem even before AI.
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