B2B software stocks have lost $2 trillion since January, and the story everyone’s telling about why is wrong. The real threat isn’t that AI is killing SaaS. It’s that product is no longer a moat, and most CEOs haven’t noticed what is.
Why AI-Powered Engineering Teams Ship More Code But Deliver Less Software
Engineering throughput is up 59%. Main branch success rates are at a five-year low. More code is entering the pipeline. Less of it is reaching your customers. The gap between those two numbers is a decision architecture problem, and it’s costing you quarters, not days.