Recent years have seen a significant shift in the realm of digital technology associated with the rise of agentic AI. This change impacts every aspect of our interaction with software and business tools.
Revolutionary Shift to Agentic AI
According to Dave Park, co-founder and CEO of Narada AI, the SaaS model is losing relevance. On the Equity podcast, he stated: 'SaaS is going away.' He noted that the typical knowledge worker interacts with 17 to 25 different SaaS tools daily, resulting in a loss of two and a half hours just collecting updates.
Understanding Agentic AI
Agentic AI represents an evolution of traditional automation, offering intelligent software entities capable of reasoning and executing multi-step tasks. Narada AI has developed what they call 'large action models' (LAMs), which can operate without direct API integrations, functioning similarly to a human assistant and providing flexible and adaptive automation. The advantages of agentic AI lie in its ability to learn and adapt during tasks.
A Future Without SaaS
Narada AI's vision suggests that using individual applications might become obsolete. Agentic AI would autonomously handle requests, integrating information from various sources and systems. This will lead to a significant transformation in corporate software approaches, shifting focus from applications to data and AI agents.
The shift from SaaS to agentic AI signifies not just a technological advance but a change in the philosophy of interacting with digital systems. This transformation offers new opportunities for enhancing productivity and work efficiency.