Feb 26, 2026 – 5.00am
Concerns about disruption from AI have been hanging over the economy for years. But in the past few weeks, the release of greatly improved software tools from AI companies has sparked a dramatic sell-off in technology stocks.
Investors, concerned AI could render some businesses obsolete, are calling it the “SaaSpocalypse” as the sell-off has hit software-as-a-service companies.
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