AI is the pin-popping SaaS’ inflated balloon: Zoho founder Sridhar Vembu on Anthropic shock

Zoho founder Sridhar Vembu has warned that AI is bursting the “inflated” SaaS bubble, as automation threatens core coding and professional tasks. He said the SaaS sector was already “ripe for consolidation,” citing a business model overly reliant on sales and marketing over product development. Years of venture capital and market hype, he added, have sustained an unsustainable system.