Anthropic: AI triggers the ‘SaaSpocalypse’

Software was famously supposed to “eat the world.” Now it’s being eaten by AI, said The Economist. That’s the argument from analysts who believe “an AI upheaval is just around the corner” for the trillion-dollar software industry. Market jitters are already starting. Shares of software firms like SAP, Salesforce, ServiceNow, and Workday plummeted last week after the artificial intelligence startup Anthropic announced a new tool that helps “programmers do their work far more quickly.” It was only one announcement.