keep coming back to this take
"Software is the worst performing sector this year so far"
A lot of SaaS companies 5x ed (or more) their revenue yet their stock fell or stalled. This is all because of AI. That's the word on the street. CEOs all say this. And the AI haters revel in it when they land on their face after putting it into practice: Salesforce rehiring people it fired because of AI, Microsoft completely annihilating what was left of Windows, et cetera
It follows then, that if you think AI is not the golden goose everyone promises it is, then it can actually NOT replace all the SaaS software. Or if it can replace SaaS programmers, it can at best replace them at SaaS companies that still have technical people maintaining the product.
So if you are anti-AI and you are not buying SaaS stock, you're just a liar.
RT: https://poa.st/objects/c993830f-b600-4227-a513-8d5c1064d229
"Software is the worst performing sector this year so far"
A lot of SaaS companies 5x ed (or more) their revenue yet their stock fell or stalled. This is all because of AI. That's the word on the street. CEOs all say this. And the AI haters revel in it when they land on their face after putting it into practice: Salesforce rehiring people it fired because of AI, Microsoft completely annihilating what was left of Windows, et cetera
It follows then, that if you think AI is not the golden goose everyone promises it is, then it can actually NOT replace all the SaaS software. Or if it can replace SaaS programmers, it can at best replace them at SaaS companies that still have technical people maintaining the product.
So if you are anti-AI and you are not buying SaaS stock, you're just a liar.
RT: https://poa.st/objects/c993830f-b600-4227-a513-8d5c1064d229
