Fortune Counter-Narrative: 9 Reasons AI Isn't Taking Jobs Yet — History and Economics Contradict Wall Street's SaaSpocalypse Thesis
Fortune·medium signal
Fortune published a detailed analysis on March 25 arguing Wall Street's conviction that AI will kill SaaS contradicts historical and economic evidence. The piece identifies nine specific reasons the SaaSpocalypse narrative is overblown, including that productivity gains historically create new job categories, AI implementation costs remain higher than expected, and enterprise adoption cycles are slower than market pricing suggests. Important counter-signal for builders: the $285B market correction may be pricing in disruption years ahead of actual arrival.