I’m a VC who bets on AI. What keeps me up at night isn’t the idea of these companies failing—quite the opposite

A VC warns that AI's success, not failure, threatens his portfolio by commoditizing SaaS business models. "Vibe coding" enables rapid app replication while AI agents consolidate workflows previously requiring multiple subscriptions, driving the "SaaSpocalypse" ($1T market cap loss). The winning strategy favors companies with customer trust, embedded workflows, and proprietary data—especially in underexplored emerging markets like Africa.