AI Panic Over Software Sector Looks Overblown as Key Players Show Strength

The article argues that recent market fears about AI wiping out software-as-a-service companies are exaggerated, pointing to Salesforce, Booking Holdings, and IBM as examples of firms likely to benefit from AI rather than be disrupted. It notes that roughly $2 trillion in software market value was lost on these concerns, but the bearish thesis misreads how these companies can leverage AI for stronger pricing power and profitability. The piece concludes that the so-called SaaSpocalypse is a misguided narrative that unfairly punished several clear AI beneficiaries.