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The term “SaaSpocalypse” is trending across financial markets, tech media, and investor circles. It refers to a sudden loss of confidence in software-as-a-service (SaaS) companies after the launch of advanced AI agents capable of automating tasks traditionally handled by enterprise software.
The term became popular after Anthropic released its Claude Cowork AI platform in late January. Following its launch, nearly $300 billion in global software market value was erased. Stocks of major SaaS…
https://beincrypto.com/saaspocalypse-ai-software-crash-crypto-impact/