Egregoros

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

@sickburnbro @bronze I know, I know. but we're in a specific headspace here and I think the singularity kookery and the alogs there are only tangentially related to the specific material claim about AI coding replacing business slopware. Everyone kinda knows that there are ppl out there that conflate a bunch of things about AI just to disparage AI coding. They throw in MS sucking, salesforce needing to rehire, a vibe coded app getting hacked, everything and the kitchen sink, just to argue AI coding is worthless, which it isn't. And bronze is right on the money that for many of those it's brokie schadenfreude motivating this attitude