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Software Is Replacing Salaries — And It's Sorting SaaS Into Winners and Losers
The SaaS sector just had its worst day since Covid. Wall Street is selling everything — but they're making the same mistake they always make: lumping all software together. AI isn't killing software, it's replacing salaries. That's great for some companies and devastating for others. I walk through the three camps of SaaS and why the same trend destroying one group is fueling another.
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By Colin TedardsThe SaaS sector just had its worst day since Covid. Wall Street is selling everything — but they're making the same mistake they always make: lumping all software together. AI isn't killing software, it's replacing salaries. That's great for some companies and devastating for others. I walk through the three camps of SaaS and why the same trend destroying one group is fueling another.