The 10% nobody in AI design is solving

Figma is down 49% this year. Adobe is down 30%. Lovable crossed $200M ARR and raised a $330M Series B at a $6.6B valuation. AI app builder revenue hit $4.7B in 2026 and is projected to more than double by 2027. Surface reading: AI design tools won. The actual story: none of them have solved the last 10% of the work, and that's where the money lives. Look at the last sixty days. On March 19, Google's Stitch 2.0 launched. FIG dropped 12% in two days. On March 24, Figma opened the canvas to agents