Vibe check: AI may replace SaaS (but not for a while) If ‘vibe coding’ disrupts the software market like SaaS did 20 years ago, what does this mean for cyber security? Andriy Onufriyenko via Getty Images February 2026 saw a billion-dollar wobble in the value of US tech companies over investors' fears that AI will destroy the Software-as-a-Service (SaaS) business model. This quickly became known as...