It's not an AI bubble, it's a SaaS bubble
mallow610 · x · 2026-10-10
Investor/commentator Rasmic offers a one-line market thesis: "Turns out it's not an AI bubble, it's a SaaS bubble" — implying the valuation anxiety centers on legacy subscription software, not AI itself. No supporting argument is given, but it captures a notable narrative shift separating AI's fortunes from SaaS.
More from Venture
- Orbio raises $1.2M to build rails for agents to provision their own compute — econoar · 2026-10-10
- AI value shifts from model layer to data center and apps as harness beats models, analyst argues — RihardJarc · 2026-10-10
- dbskill turns 10.5k stars into seven-figure revenue: selling skills is e-commerce — oran_ge · 2026-10-10
- Lumentum's AI optical components sold out through early 2029, CEO says — shashib · 2026-10-10
- Ben Affleck reportedly sold his AI company to Netflix for $587M — AIFlow_ML · 2026-10-10
- SpaceX's four AI compute deals alone add up to $41B annualized revenue — XFreeze · 2026-10-10