Basic economics. If value is based on scarcity of a resource, and you lift the bottleneck that makes the resource scarce, the value is reduced.
In the case of software, the resource is time (you could build/host/operate that software yourself, but it takes a heck of lot more time than you're willing to spend so you trade money for the product instead), and you can't reduce the scarcity of time.
In the case of software, the resource is time (you could build/host/operate that software yourself, but it takes a heck of lot more time than you're willing to spend so you trade money for the product instead), and you can't reduce the scarcity of time.