Comment by SimianSci
"Small Monthly Fee" is a very loaded term here. Im in the negotiations for these platforms, the price that many of these companies command for their products will very often pay the salaries of a whole software department. Add to this the quality of support being the lowest possible option above "nonexistant" and I would say the risk to these SaaS companies is real.
The real benefit of these types of SaaS offerings was their ubiquity across multiple industries and verticals. If a company bought Salesforce, they could very readily find employees that would be able to quickly onboard since they would likley have used it at previous companies. AI software generation is changing this as more and more software being created is bespoke and increasingly one-of-a-kind with these tools allowing companies to create software that fits their unique and specific needs.
My hot take here is that the moats previously enjoyed by SaaS companies will increasingly vanish as smaller and smaller teams can assemble "good enough" solutions that companies will adopt instead of paying giant chunks of their budget on pre-built SaaS tools that will increasingly demand more training to Onboard.
There is one big argument against these "good enough" solutions: commercial business software providers need to put a lot of R&D into finding generalized workflows that apply to as many clients as possible. Effectively, they find and encode current standard practices into their products. This is valuable from a business operations perspective in two ways: it's a good bet that transitioning the customer's operations to match the software is cleaning up internal processes, and it makes onboarding new employees easier because the tools and workflows should be much more familiar right from the start.