Is AI Killing SaaS?

Didi and Lital open with banter about warming weather and skiing, then do a Leonard Cohen song draft, discussing tracks including “Everybody Knows,” “Who by Fire” (linked to Cohen singing to Israeli soldiers in the 1973 Yom Kippur War and the Yom Kippur prayer), “Chelsea Hotel,” “Dance Me to the End of Love,” “First We Take Manhattan,” “Hallelujah” and its many versions, and “Tower of Song.” They pivot to AI and the “SaaS is over” narrative after Anthropic/Claude demos that shook marketing and cybersecurity stocks, plus a COBOL-to-modern-code tool and layoffs at Block. They argue systems of record and data gravity (e.g., Salesforce, Snowflake, Splunk) persist, while “analytics on a database” and generic workflow tools face disruption unless they add vertical know-how, compliance, and anticipatory agents. They emphasize cutting org bloat, prioritization, and building recurring “Advil not vitamin” products, citing Navan’s AI-driven corporate travel approach as an example.   Topics 00:25 Weather and Ski Banter 02:07 Weekly Playlist Theme Setup 04:56 Leonard Cohen Picks Begin 07:10 Song Stories and Covers 11:48 Hallelujah and Final Pick 14:20 Pivot to AI and SaaS Panic 17:35 Claude vs Legacy Code 18:18 Block Layoffs Shockwave 20:26 AI Coding Disruption 21:30 Why Tech Teams Bloat 22:09 Ranking Talent Tiers 26:13 AI Kills Vanilla SaaS 27:10 Data Gravity Winners 29:16 Agents Versus Workflows 29:56 Vertical SaaS Moats 33:06 Do You Need 6000 People 35:08 Advil Versus Vitamin 35:49 Recurring Pain Business 38:42 Navan Travel AI Example 42:15 Evolution And Wrap Up