Ellison Says AI Won’t Trigger SaaSpocalypse for Oracle
Oracle chairman Larry Ellison, on the company’s earnings call, argues the AI-driven “SaaSpocalypse” won’t affect Oracle, saying the firm can use AI and agent-based software to disrupt ecosystems like healthcare and finance. CEO Mike Sicilia says Oracle is rapidly adopting AI and embedding AI agents into its SaaS offerings, stressing that customers aren’t ready to replace core systems—an optimistic stance echoed by peers who see AI transforming software rather than ending it.