> One of the things about this whole death of SAAS [...]

If I purchase a swarm of domain-specific agents I am still purchasing software.

If I am building my own agents that I am monetizing I am still indirectly purchasing compute.

If I am purchasing Cursor licenses on a subscription I am still paying for code (also know as software) as a service.

The thing is, Agents and AI services are SaaS but not all SaaS is agents or AI.

> But like, how are IFTTT and zapier doing

Zapier is on track to exit either this year or next - they have a GAAP revenue of around $300M in FY25 and $400M at FY26 at a $5B valuation. They can justify a $6B-7B IPO.