Post by John Coogan

SAASPOCALYPSE CANCELLED! The narrative that AI agents would replace every SaaS product took out over $2 trillion in market cap, but it looks like that was more of a panic response than a forecast. On the one hand, the forecast makes sense. Agentic AI systems, copilots, foundation models, etc. are disruptive innovations. Fundamentally counter-positioned against traditional seat-based SaaS pricing. Legacy companies will be caught in a jam because pivoting an entire business model isn’t easy. However: - Figma just posted 40% year-over-year revenue growth.  - Roblox took 67% of global non-China spending growth in gaming last year.  - Anthropic, the company literally building the thing, just posted a Salesforce Administrator job. The product logic checks out too. Agentic checkout doesn’t replace Shopify checkout. It just gives it a new frontend. Spotify won’t build generative AI because artists will bring AI music to the app, and the algorithm will filter it. The SaaSpocalypse was always an indiscriminate hammer, and as Jordi put it earlier this week, we’ll be soon finding out what companies are “unsloppable” and actually benefit in the AI future.

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