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Oracle co-founder Larry Ellison has dismissed fears that artificial intelligence (AI) will kill the traditional software industry, saying it will instead let companies build complete, ready-to-use applications for entire industries that need no training and can be switched on without lengthy installations. Speaking at Oracle AI World here, Ellison, the company's executive chairman and chief technology officer, rejected talk of a "SaaS apocalypse", in which businesses would use AI to build their own applications instead of buying software-as-a-service (SaaS) products. "I don't think that's quite true. I think companies will continue to build applications, but they will be quite different because of AI. They will be much, much better," he noted. Business software has so far never been fully finished for any one industry, Ellison said. A hospital, bank or hotel using even the best commercial products has had to build its own extensions or connect applications from other vendors. "Beca