The rise of AI agents has sparked an intense debate in the tech world about the future of traditional SaaS (Software-as-a-Service) businesses. While some tech leaders, like Microsoft's Satya Nadella, suggest that AI agents could potentially collapse SaaS values by taking over business logic, others remain skeptical of this dramatic shift.

The truth likely lies somewhere in between. Rather than completely "eating" SaaS, AI agents are more likely to transform how SaaS companies deliver value.

Here's why:

First, AI agents are indeed challenging traditional SaaS moats. Integrations are becoming easier to build, and data is more accessible than ever. This is putting pressure on conventional SaaS pricing models and forcing companies to rethink their value propositions.

However, SaaS companies have several advantages that position them well for the AI age:

Domain Expertise: SaaS companies have deep understanding of specific business processes and customer needs that can't be easily replicated by general-purpose AI agents. This expertise is crucial for building effective, industry-specific solutions.

User Experience: As AI capabilities grow, the bar for user experience is actually rising, not falling. SaaS companies' experience in crafting intuitive interfaces and workflows becomes even more valuable when dealing with complex AI interactions.

Enterprise Trust: Large organizations still require reliable, secure, and compliant solutions. SaaS companies have spent years building this trust and understanding enterprise requirements.

The future likely isn't about AI agents replacing SaaS, but rather about SaaS evolving into what some are calling "SaaS 2.0" – platforms that combine traditional software reliability with AI agent capabilities. The winners will be those who can effectively blend both worlds, offering solutions that are both powerful and practical.

For SaaS companies, the path forward isn't about resisting AI agents, but embracing them as a core component of their evolution. The question isn't whether AI agents will eat SaaS, but how SaaS will adapt and thrive in an AI-first world.

Either ways, most of the companies will be forced to pivot to an outcome based pricing, which is a good news for all of us. 

The feast is just beginning, and there's room at the table for those willing to adapt.