This is very seriously overhyped. AI is NOT replacing all these software offerings. Those companies that tried to replace their workers and these products with AI alone are suffering including big ones that were part of the hype like Salesforce.
Frankly I think the economy worldwide is in serious trouble and AI is one of the favored excuses of the moment to "explain" it. Those of us that have watched financial talking heads explain whatever for years know how often they read from the same press release to make a semi-plausible to the majority conditioned by similar stories "explanation" while really explaining nothing at all.