Okta CEO Pushes Back on 'SaaSpocalypse' Narrative — Identity Infrastructure Is AI's Foundation, Not Its Casualty
Okta CEO Todd McKinnon publicly refutes the growing market thesis that AI agents will render traditional SaaS platforms obsolete, arguing instead that identity infrastructure becomes more critical — not less — as autonomous agents proliferate. His argument reframes the AI disruption debate from 'replacement' to 'dependency,' positioning identity and access management as the connective tissue of any agentic enterprise stack. For investors and enterprise buyers, this signals that the SaaS layer closest to security and governance may actually benefit from the AI wave.