Salesforce CEO Marc Benioff Says Rumors of the ‘SaaSpocalypse’ Are Greatly Exaggerated
- Joseph K
- Apr 21
- 1 min read
Wall Street believes AI will destroy his business, but Marc Benioff, CEO of Salesforce, begs to differ. Sure, Salesforce stock is down 28% this year on fears that AI agents will replace the software-as-a-service model that made the company a giant. The worst-hit SaaS companies have plummeted twice that much on the same “SaaSpocalypse” thesis: Why pay per employee for software when AI can do the work with fewer people?
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