SAP and the 'SaaSpocalypse' - damaging AI displacement won't get past the defensive moats, argues Chief AI Strategy Officer Sean Kask

No it isn’t, is the answer, but as the wretched ‘SaaSpocalypse’ meme continues to undermine software sector share prices as Wall Street gets its red braces in a knot panicking about their returns, it’s a question that SaaS leaders need to be tackling head on to challenge.

Yesterday saw Workday CEO Aneel Bhusri eloquently state his case on that front and later today Salesforce CEO Marc Benioff will surely weigh in with his views when he announces the firm’s latest quarterly earnings. (Check back tomorrow to see what occurs.)

Today it was SAP’s turn at the stump with Sean Kask, the firm’s Chief AI Strategy Officer, telling the Goldman Sachs European Technology Conference just why AI isn’t going to rip the heart out of his company’s business - or see customers ripping out their SAP systems in favor of a Large Language Model, for ...