Sep. 6 at 9:28 AM
$QQQM my take (FWIW) is that SaaSpocalypse was correct, but too early. It came during what we could call the Copilot era when humans were still doing tasks and using software with AI helping or integrated. The recent Software-as-a-Service (SaaS) recovery was built belatedly on realising SaaS companies could profit in this “Copilot Era". But OpenAI’s launch of GPT-6 Astra effectively marks the transition to the "Autopilot Era." If companies use Astra and other models as the primary interface and it just utilises software in the background to get tasks done, the expensive UIs of SaaS companies are redundant, and the relationship is owned by OpenAI and the other frontier AI companies. The market's timing was inverted: the initial panic too early, and the subsequent recovery too late just as the actual threat materialized. Value is back with memory stocks, chips, energy, and hyperscalers due to increased demands of running models like Astra. Welcome to SaaSpocalypse 2.
$NVDA $MU $OKLO
