Up to recently, writing software from scratch was VERY expensive and complicated. And so licensing niche and complex software was a booming business in many verticals. But with AI, writing even niche code is trivial enough! Here's a fascinating, recent story: (without naming the industry or the company, as they want to keep it under wraps): A company in a niche industry has a revenue share agreement to use a core piece of software for their business. A few % of revenue per year paid for the…