OpenAI’s CFO Natascha Schill has issued a stark warning about artificial intelligence’s impending impact on the software industry, particularly targeting SaaS companies by 2025. During the Morgan Stanley Technology, Media and Telecom conference, Schill emphasized that AI will fundamentally transform how software is created and consumed, potentially making traditional software development approaches obsolete. She highlighted that AI’s capability to generate code and create applications could significantly disrupt the current software-as-a-service (SaaS) business model. The CFO pointed out that companies heavily invested in conventional software development methods might face substantial challenges as AI-powered solutions become more prevalent. Schill’s comments align with broader industry observations about AI’s accelerating influence on software development, suggesting that businesses need to adapt their strategies quickly. The warning particularly resonates as OpenAI continues to advance its AI capabilities, including GPT-4 and other tools that can generate functional code. The discussion also touched on the potential economic implications, with Schill suggesting that companies failing to embrace AI integration might risk losing market share to more adaptable competitors. This prediction has significant implications for the tech industry, particularly for established SaaS providers who may need to fundamentally rethink their business models and development approaches to remain competitive in an AI-driven future.
Source: https://www.businessinsider.com/openai-cfo-warns-software-disruption-saas-2025-9