In a recent article for Brownstone Research, Jason Bodner argues that reports of software’s death have been exaggerated, despite the “SaaSpocalypse” that plagued software-as-a-service companies earlier this year as agentic artificial intelligence solutions took root. Bodner compares the current fear—that AI can write code, build applications, and automate workflows, making software companies less valuable—to historical skepticism about the automobile and the internet. He notes that in 1894, the president of the Michigan Savings Bank reportedly advised against investing in Ford Motor Company, and in 1943, IBM Chairman Thomas Watson allegedly said there might be a market for five computers worldwide. Bodner states he bought the iShares Expanded Tech-Software Sector ETF (IGV) for his kids back in February. He concludes that transformative technologies rarely eliminate entire industries but reshape them, citing how after the dot-com crash, the internet survived and companies like Amazon and Google emerged stronger than ever.