When copying is "free," how are we creating value?

A developer released clones of Photoshop, Word and Excel in under two weeks and declared software over. Cue the SaaSpocalypse. I felt the same excitement and unease I felt when Napster showed up. If anything can be copied, what are we really building? And why does the hard part still feel so hard?

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Image generated by AI of a high fidelity lion slowing changing to a very rough sketch
Image generated by AI of a high fidelity lion slowing changing to a very rough sketch