this post was submitted on 10 Sep 2023
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Yeah, the subscription thing is called Software As A Service, or SAAS for short. Lots of entrepreneurs have been jumping on the SAAS bandwagon in recent years, because it allows them to grow a large user base and passive income, with very little up-front investment.
AI image generation is a good example. We suddenly have a bunch of SAAS image generator apps, which are basically just two or three programmers and a GPU crypto farm rig acting as a server. It’s a relatively small up-front cost (at least when compared to traditional businesses which can take upwards of a million dollars to get started,) and your only real support for the service is keeping the AI model up-to-date and making sure the app’s API is working properly. And your only real ongoing cost for it is the electricity to keep your server running, and an income for your software dev (bonus points if you’re the only software dev, so 100% of the income goes to you.)