What's your time horizon for SaaS stocks? When do you actually expect a return?

I'm not directly invested in any SaaS stocks.

I'm mostly in financials (insurance) and some staples. Google is my only tech stock.

Given you SaaS guys and gals have overtaken this sub, I'm curious when you expect companies like MSFT, CRM, VEEV, etc., to actually rebound?

I'm not an expert on the sector, so my view is similar to widespread sentiment right now that software is a depressed sector due to concerns of AI obsolescence of these companies, and that this view will never change now that it has set in.

At some point in the future AI will displace software. It may not happen for 30 years, but it will. So what could possibly change this narrative now that it is widespread?

When do you actually think these SaaS companies' stock will go back up?

The only light at the end of the tunnel for SaaS I can envision is a Terminator like scenario where AI starts killing people and governments are forced to ban/destroy AI. Then SaaS would rebound and you could cash in.

Is this what you're waiting for? Governments to step in and ban AI?