投资者担心 AI 会颠覆传统软件商业模式，AI 原生公司能够提供更快、更便宜的解决方案，削弱了传统 SaaS 企业的竞争优势。同时，“氛围编程”（vibe-coding）技术让没有编程经验的用户也能搭建软件，降低了门槛，动摇了原本僵化的产品模式，使传统 SaaS 面临更大冲击。
Postgres has its own primitives for things that forges currently build custom infrastructure around. A trigger on the refs table firing NOTIFY means any connected client learns about a push the moment it happens, which is how forges normally end up building a custom webhook polling layer. Multi-tenant repo isolation becomes a database concern through row-level security on the objects and refs tables, and logical replication lets you selectively stream repositories across Postgres instances, a kind of partial mirroring that filesystem-based git can’t do. Commit graph traversal for ancestry queries and merge-base computation falls to recursive CTEs, and pg_trgm indexes on blob content give you substring search across all repositories without standing up a separate search index.
。关于这个话题，搜狗输入法2026提供了深入分析
Follow topics & set alerts with myFT
found on each dashboard and highlight the ease with which you can complete