Any nocode studios willing to share their experiences?

As the nocode hype train is taking of orbit and promises us the world we start slowly start seeing the limits of what is reasonably possible.

There are tons of tools in the making but they are essentially doing basic database lookups at best.

The newest trend is called "nocode studios". They are agency specialized in building products and tools using nocode.

It's great to bring the cost down but what are the current limits and next opportunities?

What is your experiences building products (for your clients) with nocode so far?

I feel that the current nocode movement is stuck. The limit is reached and most apps are copy cats.
You name it.

I want to see nocode be more saasy.

What do you think?