20VC: Is SaaS Dead in a World of AI | Do Margins Matter Anymore | Is Triple, Triple, Double, Double Dead Today? | Who Wins the Dev Market: Cursor or Claude Code | Why We Are Not in an AI Bubble with Anish Acharya @ a16z

The conversation centers on venture capital in the age of AI, questioning assumptions around SaaS valuations and the nature of defensibility. Anish Acharya from Andreessen, discusses why software is oversold and why transitioning from one SaaS provider to another is becoming dramatically cheaper. Acharya argues against the notion of autonomous agents fully replacing human roles, emphasizing the importance of human oversight for exception handling and instruction. He also touches on the potential for AI to expand human ambition and access to fulfilling relationships, while also noting that the best founders know how to leverage their VCs. The discussion also explores the shift from cost optimization to frontier expansion in software, and the potential for AI to revolutionize consumer and enterprise spending.