I agree on that point. But I think the industry will still take a huge hit. As SaaS may not be killed by any random individuals, but big corps.
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We just moved from sharing skills about good practice for a few functions to skills about good architecture/design/marketing practices.
It's just a question of time before we get skills about "good features in a CRM". And there is a high chance, a LLM will generate them in a few minutes ^_^
We could already do them for a few software, like notepads and ticketing software.
IMO any fully virtualized business will become trivialized through global knowledge sharing.
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I don't think META/MICROSOFT/OPENAI will close their eyes on the "Amazon Basics" strategy. IMO they will (soon?) provide high scale replacements for simple and expected softwares.
Right now it would require them a lot of defocus. But soon it will be just a new product, an agent away.