For decades, Microsoft’s Office franchise has been one of the most valuable assets in software. Word, Excel, PowerPoint and Outlook became the default tools of knowledge work, later bundled into Microsoft 365 and wrapped with Teams, security, and device management. Now, generative AI is forcing investors to ask an uncomfortable question: how durable is that…
AI is clearly disrupting the software world, but not all software is equally exposed. Application‑layer tools—the dashboards, point solutions, and productivity apps we touch every day—are being re‑written around large language models. Features that once felt defensible are now just prompts on top of a frontier model. In that chaos, one corner of the stack…
The hot take of 2026 is that “AI will kill SaaS.” It sounds dramatic, but there’s a real signal underneath the hype. Over the last decade, a huge chunk of SaaS has been thin workflow software: a database table, some forms, a few automations and dashboards. These tools sit on top of other systems of record…