Oracle pins hopes on 'Star Wars' productivity jump to lightspeed from AI-assisted engineering

Oracle is betting that AI coding will deliver "Star Wars" levels of software engineering productivity, CEO Mike Sicilia told investors last week. With its shares sharply down over the past year, Big Red claims its engineers' productivity will skyrocket as the company mainlines the AI wonder drug it prescribes to customers. Speaking at Deutsche Bank's 2026 Technology Conference, Sicilia insisted that AI would be a net positive for the software industry, despite fears of a so-called SaaSpocalypse in which coding tools and agents strip value from business application vendors. Many SaaS companies have seen their valuations plummet this year. "The software industry will probably be disrupted in a positive way. Let me be clear, I don't mean the...

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