In the past few weeks, stocks in major software companies have taken a hit, and anxiety continues to grow that these businesses are threatened by AI. As with many things in the AI world, a molehill of truth has turned into a mountain of hype.
Real software still has major advantages that AI, and AI agents, are unlikely to replace anytime soon. Users already know how to navigate it; they know where to find what they need, and the learning curve is largely behind them. IT departments have worked through the challenges of cybersecurity, integration, and permissions. Management understands the cost structure and can budget for it reliably. And of course, the salesperson still knows exactly who to call for a golf game.
That said, AI will likely slow the growth of software companies. The argument for additional seat licenses becomes weaker when AI agents can sit on top of existing tools and handle part of the workload. Modern AI also makes it possible for organizations to rapidly build reliable internal applications in ways that weren’t possible before, which further erodes the traditional growth prospects of software vendors.
So don’t give up your software, it’s going to be around for a long while yet.
Feb 25, 2026 — Member Update
Apr 8, 2026 - SMACNA, SMART, ITI, NECA, MCAA, NEMI, SMOHIT, and the Heavy Metal Summer Experience have come together to celebrate and support this effort to raise awareness about the exciting potential of a career in our industry!
Apr 8, 2026 - Join your fellow SMACNA Members for four days of cutting-edge education, meaningful networking, and memorable moments at the Signia by Hilton Bonnet Creek and Waldorf Astoria.
Apr 8, 2026 - SMACNA members can now apply for the SMACNA Safety Achievement Awards and the SMACNA Safety Innovator of the Year Award!