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Will AI replace all software? Why GPT-5 emboldens the doomsayers

maciek905/Getty Images ZDNET's key takeaways Wall Street fears AI models will replace all packaged software. AI models' coding ability is still very mixed. Software executives are positioning their firms to be survivors. The modern software industry has existed for 50 years, since the founding of Microsoft in 1975. "Bill built the first software company in the industry," said late Apple co-founder and CEO Steve Jobs in 2007, referring to Microsoft co-founder Bill Gates. "Bill was really fo