Silicon Valley Drama: AI Assassins Arrive, Are SaaS Giants Turning Gray Overnight?
Goodness, this week in Silicon Valley, an AI assassination drama against SaaS unfolded, way more exciting than a palace intrigue! 😲
AI company Anthropic released a legal AI plugin that can review contracts and write briefs, and Wall Street slammed their thighs in realization: "It's over! AI is coming to take away all software companies' livelihoods!" Terrified, software stocks collectively plummeted, falling over 15% in just over a week, with a market value evaporating by $1 trillion! Short-sellers capitalized, making a staggering $24 billion.
Wall Street even coined a new term — "SaaSspocalypse". Doesn't it sound like a doomsday movie?
But on second thought: is this really an overreaction? Just like saying math textbooks are useless because we have calculators?
AI is more like a super add-on that can help SaaS become smarter and more personalized, but the low barrier of "cloud deployment, out-of-the-box" advantages is something that AI itself cannot replace in the short term.
The barrier for small and medium companies to implement an AI large model is much higher than just subscribing to a software.
So, the conclusion of this drama might be: the old, rigid SaaS will be eliminated, while AI-native SaaS will become the new trend, and the pie may even get bigger. Some analytical institutions have already shouted: panic selling is precisely the opportunity to buy good companies at a low price!
Do you think AI is the terminator of the SaaS industry or a catalyst for evolution?
If you have holdings, would you take advantage of this SaaS doomsday panic to buy the dip?
