'It's going to make software so much better': Marc Benioff and Jensen Huang aren't sold on the 'SaaSpocalypse' – AI will take the industry to the next level

At Dreamforce 2026, Marc Benioff and Jensen Huang stated that AI will not kill SaaS but become an agentic layer above it. Earlier, the launch of Claude Cowork sent the S&P 500 software index down nearly 5%, losing $830 billion.

• Huang: 'The end of software is nonsense,' AI will be an agentic layer over SaaS
• Claude Cowork launch sent S&P 500 software index down ~5%
• Agentforce and Data 360 revenue reached $3.9 billion, up 210% year over year
• Gartner: up to $234 billion in app spending at risk from agentic arbitrage