DigitalApplied Full SaaSpocalypse Accounting: $2T Market Value Erased, 22% IGV ETF Decline YTD, 35% Atlassian Drop
Digital Applied·medium signal
DigitalApplied publishes a comprehensive tally of the SaaSpocalypse: $2 trillion in aggregate market value wiped from SaaS sector YTD, 22% IGV ETF decline, 35% Atlassian stock drop, and a 2x increase in AI disruption mentions on earnings calls. The structural mechanism is explicit: 10 AI agents replacing 100 human users equals a 90% reduction in seat revenue for the same work output from the same customer. The $2T figure is substantially larger than the previously reported $285B, reflecting the full sector-wide re-rating rather than just the initial AI catalyst event.