The “Death of SaaS” = Death of FTE Industrial Economics
"Death of SaaS" = End of FTE Economics
AI shifts software pricing from FTE counting to value capture. Humans move from operators to orchestrators—or become obsolete.
AI agents kill per-user licenses. AI coding replicates SaaS cheaper, faster.
Winners: SaaS builds agentic products. Startups create vertical agents + data moats. Japan SIs modernize. Enterprises replace SaaS with agents.
Japan IT: FTE cost-centers → outcome budgeting.
Adaptation speed beats technology.