Larry Ellison on AI killing software companies: AI may do some of their job, but not all as companies across sectors will still need software firms to build their …

Larry Ellison expects AI to change software companies’ work. The Oracle co-founder says businesses will still need commercial app developers, even as artificial intelligence (AI) makes it easier to build software. Speaking during his keynote at Oracle AI World, Ellison argued that AI could help software firms create more complete apps tailored to different industries and locations.

“There’s been some talk about there being a SaaSpocalypse because everyone’s going to use AI to build their own applications,” he said. “I don’t think that’s quite true. I think companies will continue to build applications, but they will be quite different because of AI.”