I attended a design conference last week where Figma has been basically delegated as a design library tool, and that was it. They'd use it as a source of truth for components such as buttons, colors, typography, etc, but the actual design work that was being done was done through Claude Code. Multiple designers who had this stack said that they preferred it as their designs were now closer to what the end user would experience (i.e. code). One person actually eschewed Figma completely and used Storybook as the source of UI truth. I think that Figmas moat is a lot smaller than people think and that within a year or 2 there's going to be some very solid competitors out there.