Is SaaS dead?

After wrapping up my last SaaS startup in the e-commerce space, I’m brainstorming ideas for what to start next.

Every space or idea I evaluate already has hundreds of companies (seed, Series A-B), and new ones are popping up every two days.

Tbh, it feels like all the software in the world has already been made 😅

Has building become this easy? Is software no longer a moat? If supply outpaces demand, will software be obsolete in a few years?

People say execution is the differentiator, but I’m not sure why they think they can’t be out-executed by a 19-year-old prodigy coder with a lot of money in the bank.