Comment by sinuhe69
10 hours ago
The AI market might not collapse but the stock market could! Even if the AI companies only need to downgrade their investments and a healthy correction is underway, a fire sale of AI-related stocks will bring the stock market to its knees.
I don't really see this happening in the way that most people are envisioning. It's clear that Anthropic and OpenAI have found product market fit. They've gotten companies hooked and personally I cannot go back to the old way of coding.
However, I do see a bit of reduced demand for hardware and datacenters which could reprice these companies to more sane multiples. There will be winners and losers.
But will you need overpriced Codex and Claude? Most business code is crappy SaaS and glorified CRUD apps & I can build those with Sonnet / DeepSeek just fine …