Mark Cuban argues that AI coding companies such as Lovable and Replit are not immediately replaceable by major AI labs. Speaking at the RAISE Summit in Paris on Wednesday, the “Shark Tank” investor said that while large language models can generate code, they are not yet delivering the full set of capabilities that smaller, product-focused coding platforms provide. According to the reports, Cuban’s central point is that these tools increasingly bundle additional services rather than functioning as only a raw model. Business Insider and The Next Web both report that Cuban frames the competition as more than model access: platform features, workflows, and support offerings help make the products more durable than simple AI coding outputs. The coverage also notes that Cuban is an investor in Lovable, which may shape how he describes the competitive landscape. The sources agree that Cuban’s message is focused on near-term differentiation—specifically, that add-on services around AI coding reduce the risk of being quickly displaced by AI labs.