🗣Palantir's co-founder just told the world what no one in Silicon Valley wants to hear.

It's not about AI replacing engineers, it's about AI exposing which software companies were never real to begin with. Joe Lonsdale says low end SaaS is finished. The ones that cost more to sell than they did to build are done.

"There's a lot of stuff PE bought, didn't take that much to build, probably put more money into sales than tech. That stuff is in trouble."

But here's the twist. When people say they "vibe coded Palantir" in a weekend, Lonsdale laughs. A company that took hundreds of millions and