Wall Street just lost $285B because of 13 Markdown files
3 months ago
- #AI
- #Markdown
- #SaaS
- Wall Street lost $285 billion due to 13 markdown files, sparking the 'SaaSpocalypse'.
- Anthropic's legal tool, a collection of markdown files, caused significant market panic.
- Agentic workflows are disrupting SaaS by bypassing traditional UIs and directly fulfilling user requests.
- Systems of record with robust APIs remain valuable in an agentic future.
- Legacy platforms with poor API access are becoming liabilities, prompting migrations.
- Agentic-first software will prioritize API-first solutions, leading to a rise in 'headless' platforms.
- Professional services firms face disruption as their expertise is codified into markdown files.
- Agents can now build custom solutions on-demand, reducing reliance on traditional SaaS tools.