Comment by alwillis
1 day ago
> Unlikely. The future will be some people will do this, but honestly I think it will largely be people who were already tinkering with building things, whether full on software development or not
Billions of dollars of stock market value disappeared because of the concern AI can create core SaaS functionality for corporations instead of them spending millions of dollars in licensing fees to SAP, Microsoft, etc.
This not about tinkering.
SaaS As We Know It Is Dead: How To Survive The SaaS-pocalypse! - https://www.forrester.com/blogs/saas-as-we-know-it-is-dead-h...
Why SaaS Stocks Have Dropped—and What It Signals for Software’s Next Chapter - https://www.bain.com/insights/why-saas-stocks-have-dropped-a...
Jim Cramer says AI fears have made the stock market fragile - https://www.cnbc.com/2026/02/23/jim-cramer-says-ai-fears-hav...
Did you see the network security stock sell-off after Anthropic announced a code security analysis feature? There's a sliver of nothing between mob mentality and wisdom of the crowd.
It's too soon to bother making predictions. Shits gonna be wild for the next few years, then some type of market correction will happen, and we'll start to get an idea of how things will actually look.
Can we please have some calm, stable, boring years please, before I'm dead? The last 5 years have already been "wild" enough. The world is unrecognizable. I'm unprepared for further wildness.
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The market is losing its shit over this because people are operating on the thesis that "AI will be able to ..." rather than "AI can demonstrably do ...". At some point they're all gonna get margin called on their futurisms. It would be a lot better if, before getting excited, we ask to see experimental results. So you say you have a world-beating security tool? Show me something it can do that all the other ones can't. That would be worth getting excited about, not a vague blog post about vibes and dreams.
But then the sellers wouldn’t find the useful idiots to sell their snake oil to.
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>Billions of dollars of stock market value disappeared because of the concern
That's really the key, right there. The value disappeared because of concern, not of anything real.
When ungodly amounts of money is governed entirely by vibes, it's hardly surprising they lose ungodly amounts of money to vibe-coding.
The downside is the effects of all that money shifting is very real :(
> That's really the key, right there. The value disappeared because of concern, not of anything real.
The value also only existed in the first place because of belief, in future work, operations, profits, etc.
Like it or not, confidence in institutions is society. Concern that affects that confidence is as real as any other societal effect.
That's because of P/E and how future earnings work.
If the P/E = 1 then there would be no sell-off. Looks at utility stocks with divs, they don't sell off [as sharply] when there is AI news.
Oh no Bain and Jim Cramer think software is dead. All that is is a signal to buy software stocks