does Q2 kill the saaspocalypse?

from january through april the market got obsessed with “saaspocalypse” AI agents replace software. fewer seats. weaker pricing. enterprise SaaS slowly dies. thats basically been the trade all year. NOW down hard from highs. CRM too. IGV still nowhere near recovery. initially i bought the thesis too tbh but the more i look at enterprise workflows the less clean the story feels because AI agents still need somewhere to operate permissions, approvals, integrations, audit logs, customer records, routing between systems - none of that disappears just because the interface becomes conversational if anything, autonomous agents may require even more control layers around them and thats where companies like servicenow start looking interesting again their AI products dont bypass the workflow layer. they plug directly into it. starting to wonder if this becomes another cyber-style reversal first the market panics on disruption then a couple quarters later it usually turns out the incumbents didnt really go anywhere, they just start absorbing the new layer instead of getting replaced still no position yet but im seriously considering opening one before Q2 feels like the narrative might be ahead of the actual data