$NOW

The software (SaaS) sector is facing an "Apocalypse". leaders like Salesforce ($CRM), ServiceNow ($NOW), Veeva ($VEEV), and Constellation Software ($CNSWF)are down 40% to 50% from their highs over fears "Agentic AI" will eat their lunch by automating the very tasks these platforms manage. However, history suggests that markets repeatedly declare industries "dead," only to realize later that incumbent leaders are far more adaptive than expected. Before selling in panic, remember times when the market predicted a "Kodak moment" and was wrong: 1) The "Death of Retail" (2015–2016): Investors feared Amazon would make physical stores obsolete. Instead, leaders like Walmart and Target integrated the threat, using stores as "edge warehouses" for same-day pickup (BOPIS). Both eventually hit al