The stock market is betting that AI will kill the software industry. The theory is simple: If an AI agent can “vibe code” a custom CRM for free, why pay Salesforce $1 million a year?
In this episode, we debunk the “SaaSpocalypse.” We explore “The Google Paradox”- why the company with the best AI engineers on earth still pays millions to Workday and ServiceNow - and explain why enterprise software isn’t about code, but about liability insurance. Finally, we apply the Elephant Gun deep-value framework to the wreckage of the SaaS sector to find the one company that is actually a buy.
