This reminded me of an article I read last week about the broader SaaS world and AI.

I currently work for a IBM subsidiarity btw. IMO companies like IBM never really die. I mean not really. The just cease to innovate and grow but fiat / cheap money and inertia keep them alive.

If you look at the stock price of IBM it could be doing much worse. Of course I know that's a fiat influenced game as well. The question I always ask is how many of these companies are actually profitable year over year.