Software CEOs from Workday to Salesforce say AI won't kill SaaS as they fight back against the death-of-software narrative.

TechCentral

Software CEOs from Oracle, Salesforce, and Workday are pushing back against the narrative that AI will kill SaaS. Oracle's Mike Sicilia argues that established vendors are rapidly adopting AI themselves, while Salesforce's Marc Benioff positions his company as an AI-agent platform built on 50 trillion proprietary records. Workday's returning founder Aneel Bhusri contends that two decades of embedded business processes cannot be easily replicated by probabilistic AI systems. Analysts broadly agree that proprietary data is the strongest competitive moat, though companies like Workday—whose data follows industry-standard formats—face greater disruption risk. Oracle shares rose 10% after predicting AI-driven revenue growth for several quarters ahead.

AI won’t kill SaaS – but it will reshape it, software CEOs say

<p>My problem with these statements is that all these people have a stake in the outcome. The SaaS companies of course because they want to dispel the fear that they might become obsolete. And as they adopt AI technology (regardless of any outcome) it is in Huang’s best interest that this narrative is upheld as it continues to create huge business for Nvidia too. Same applies to the model providers themselves. So I find it hard to trust these people when nowadays EVERYTHING is about appearances.</p>
