Chamath’s claim is explicitly long‑dated: that “over the coming years” essentially all major enterprise/business software will be rebuilt end‑to‑end using new AI‑enabled development toolchains, displacing the current generation of vertical SaaS and custom software.

As of November 30, 2025:

• AI development tools are being adopted very rapidly. GitHub Copilot and similar tools are now used by a large share of professional developers and enterprises. Gartner forecasts that by 2028, about 90% of enterprise software engineers will use AI code assistants, up from <14% in early 2024.(github.blog) Surveys also report that a majority of professional developers use AI tools regularly, and Copilot alone has tens of thousands of enterprise customers and millions of users.(secondtalent.com) This supports the direction of his thesis (AI deeply permeating the software development lifecycle).

• However, the existing SaaS and enterprise software base is still enormous and largely intact. The global SaaS market in 2025 is hundreds of billions of dollars and is projected to keep growing through 2030–2034, not to be wholesale displaced in the near term.(rss.globenewswire.com) There is no evidence that “essentially all” major enterprise systems have been or are imminently being rebuilt from scratch; instead, vendors are adding AI features, consolidating, or modernizing parts of their stacks rather than replacing everything soup‑to‑nuts.(timesofindia.indiatimes.com)

• Timeframe: we are only ~5 months past the June 21, 2025 episode. A prediction about “the entirety of the software that runs the world” being rebuilt “over the coming years” spans many years, not months. The horizon he implies (multi‑year global rebuild) is far beyond November 2025, so it is too early to say definitively whether this end‑state will or will not materialize.

Because (a) AI toolchain adoption is clearly underway in line with the spirit of the claim, but (b) the outcome he specifies—nearly all major enterprise/business software rebuilt end‑to‑end—concerns a much longer period than has elapsed, the prediction cannot yet be judged as either correct or incorrect.

Therefore the status as of November 30, 2025 is “inconclusive (too early to tell).”