SaaS is in the past. The future belongs to agents, says Narada AI’s CEO

Dave Park, the co-founder and CEO of Narada AI, has made a bold declaration: the era of Software as a Service (SaaS) is fading. Instead, he envisions a transformative future driven by agentic AI, which aims to redefine how enterprises manage their software needs. During his appearance on TechCrunch’s flagship podcast, Equity, Park highlighted the frustrations faced by knowledge workers today, who juggle between 17 to 25 different SaaS applications daily. This constant switching can consume up to two and a half hours just for manual tasks like data retrieval and updates. Narada AI believes that the future will simplify this chaos by utilizing AI agents that can seamlessly operate across various data silos, eliminating the need for multiple platforms. Narada AI, which emerged from research at UC Berkeley and made its mark at TechCrunch Disrupt 2024, has developed innovative large action models. These models represent an evolution of traditional large language models (LLMs), capable of reasoning and executing complex tasks across different applications, even when APIs are not available. In his discussion with Rebecca Bellan, Park elaborated on the concept of agentic AI, emphasizing its distinction from conventional automation methods. He also outlined the necessary changes enterprises must adopt to effectively implement this technology at scale. The conversation is particularly timely, as the recent Y Combinator batch features over 70 startups focused on agentic solutions. Furthermore, industry giants like Grammarly are actively building comprehensive AI work stacks through strategic partnerships and acquisitions. For more insights on this revolutionary approach to enterprise software, tune into the full episode of Equity, which airs every Wednesday and Friday. Don't forget to subscribe on platforms like Apple Podcasts, Overcast, and Spotify to stay updated.