For years, the saying was “software will eat the world.”Now the concern is something even bigger: AI may eat software itself. Modern AI models can already write, debug, refactor, and optimize code on demand—turning traditional software into something dynamic, adaptive, and partially generated in real time. Ironically, while AI is reducing the need for massive software teams, semiconductors and compute infrastructure are hitting record highs—because AI doesn’t eliminate software… it moves the value down the stack to chips, data, and orchestration. The future isn’t apps vs. AI. It’s AI becoming the software layer—and software becoming a service that’s assembled on the fly. That’s not the end of software. That’s software’s next evolution.