Savvy Trades and Investments

[maxluke1]

FIVN/software - the selloff in software is very broad-based (even cybersecurity names are selling off). You made a great point in a previous post about how really specific apps/software (e.g. plant identification via photos, etc.) are really in danger due to AI.

My question regarding other software companies: is it not about AI replacing that software but rather that the productivity gains in coding could really lower software prices due to competition and/or customer pressure? Like you say, you are potentially doing the work of 20 people.

I've also been trying to think of the other losers and beneficiaries. In my mind, another big loser over the medium term is going to be office-based professionals who are charging using a billable hours model. This is the field I'm in and I think we have to transition to lump sum projects sooner rather than later. Biggest beneficiary might be banks/financial companies that have a huge consulting/software burden.