This video discusses the current trend of everyone creating Software as a Service (SaaS) products, driven by advancements in artificial intelligence and lower development costs. The speaker contrasts this with past startup booms, sharing personal experiences and analyzing market trends to explain why building and launching SaaS products is more accessible than ever.
The speaker admits they were "absolutely wrong" and "skeptical" about SaaS. Their change of mind was prompted by observing that "everybody is building a SaaS" and that social media, particularly Twitter, is filled with discussions about Monthly Recurring Revenue (MRR). They also realized that the advancements in AI have made it possible for developers to create SaaS products much more easily and quickly than before.
