# Is SaaS dead?

Markdown copy of https://realalpha.app/q/is-saas-dead/ on Real Alpha, the best minutes from long interviews with the people building AI. Cite and link the page, not this copy.

[All questions](https://realalpha.app/q/)

Question

Of the 6 moments we cut that answer this, 4 say SaaS will change and 2 say SaaS survives. Satya Nadella said on BG2 (Oct 31, 2025) that agents replace some SaaS business logic, while high-usage, low-cost products can benefit and others face risk. Dylan Field said on All-In (Oct 19, 2026) that saas companies can still grow by building focused products around users and professional workflows.

## Where they stand

- SaaS changes 4
  - Nikesh Arora
  - David Sacks
  - Guillermo Rauch
  - Satya Nadella
- SaaS survives 2
  - Dylan Field
  - Matt Hartman

## SaaS changes 4

1. All-In · Oct 21, 2026 · 4 min
   **[AI could consolidate hundreds of enterprise software vendors](https://realalpha.app/s/ai-could-consolidate-hundreds-of-enterprise-software-vendors/)**
   > “it's silly that our customers have to buy 40 different solutions and stitch them together.”
   [Nikesh Arora](https://realalpha.app/people/nikesh-arora/) Chairman & CEO, Palo Alto Networks [35:24](https://realalpha.app/v/yzk44lz-RGI/?t=2124)
2. All-In · Oct 17, 2026 · 7 min
   **[AI can lower software prices while expanding software demand](https://realalpha.app/s/ai-can-lower-software-prices-while-expanding-software-demand/)**
   > “the amount of code that's being created now is orders of magnitude already bigger than it was before Coding Assistant.”
   [David Sacks](https://realalpha.app/people/david-sacks/) Co-founder & partner, Craft Ventures [33:39](https://realalpha.app/v/_b3LfMflIGs/?t=2019)
3. Sourcery · Oct 16, 2026 · 8 min
   **[Coding agents make personalized software viable](https://realalpha.app/s/coding-agents-make-personalized-software-viable/)**
   > “I believe in a future of personalized software. Vercel makes it such that you can prompt with your coding agent and generate software that's perfect for you.”
   [Guillermo Rauch](https://realalpha.app/builders/guillermo-rauch/) Founder & CEO, Vercel [30:18](https://realalpha.app/v/WuorvLfAFmA/?t=1818)
4. BG2 · Oct 31, 2025 · 3 min
   **[SaaS will survive AI if it is low ARPU and high usage](https://realalpha.app/s/saas-will-survive-ai-if-it-is-low-arpu-and-high-usage/)**
   > “if you are high ARPU, low usage, then you have a little bit of a problem. But if you are, we are the exact opposite.”
   [Satya Nadella](https://realalpha.app/builders/satya-nadella/) Chairman & CEO, Microsoft [55:42](https://realalpha.app/v/Gnl833wXRz0/?t=3342)

## SaaS survives 2

1. All-In · Oct 19, 2026 · 4 min
   **[Model progress does not automatically create a good product](https://realalpha.app/s/model-progress-does-not-automatically-create-a-good-product/)**
   > “I think it's easy to mistake model progress for product progress.”
   [Dylan Field](https://realalpha.app/people/dylan-field/) Co-founder & CEO, Figma [15:24](https://realalpha.app/v/2Zj6uMv3kTA/?t=924)
2. AI & I · Oct 14, 2026 · 3 min
   **[Vibe coding his own app taught an investor why SaaS still sells](https://realalpha.app/s/vibe-coding-his-own-app-taught-an-investor-why-saas-still/)**
   > “The other thing I learned was when you just vibe code something for yourself, you have to maintain it.”
   [Matt Hartman](https://realalpha.app/people/matt-hartman/) Founder & Managing Partner, Factorial Capital [37:23](https://realalpha.app/v/RbUHf4HeBzo/?t=2243)

Each moment is a few minutes of a long interview, cut by Real Alpha and filed under how it answers by a model that read its claim and quote. Open a moment for its full transcript. Last moment added Oct 23, 2026.