In a bold statement, Microsoft CEO Satya Nadella proclaimed that the era of traditional business applications is coming to an end. Speaking on the BG Squared (Brad Gerstner and Bill Gurley) podcast, Nadella predicted that software as we know it—particularly SaaS (Software as a Service)—will be replaced by intelligent AI agents that directly interact with databases. This shift has profound implications for the software industry, developers, and businesses alike.