The specifics:
Major software businesses like Intuit, Adobe, and Salesforce have had double-digit declines in their stock prices, and a Morgan Stanley SaaS index is down 15% year to date.
Another CEO abandoned plans to employ programmers after the tool made him "5x more productive," and Vercel's CTO used Claude to complete a year-long project in only one week.
Others gained popularity by using Claude Code only to create apps, such as self-sustaining tomato growing and personalized MRI viewers.
According to a financial analyst, investors have mostly given up on software equities due to existential concerns about AI, regardless of their price.
Another CEO abandoned plans to employ programmers after the tool made him "5x more productive," and Vercel's CTO used Claude to complete a year-long project in only one week.
Others gained popularity by using Claude Code only to create apps, such as self-sustaining tomato growing and personalized MRI viewers.
According to a financial analyst, investors have mostly given up on software equities due to existential concerns about AI, regardless of their price.
Because of steady, recurring income, software stocks have maintained extremely high valuations; however, this rationale abruptly fails when AI is able to create unique tools on demand. Tools that make everyone a builder pose a serious threat to traditional SaaS, whether this is a hype-driven blip or the real start of the "selfware" age.
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📰 In-depth analysis and up-to-date AI news .
🤝 Visit to learn about our goal and knowledgeable staff.
📬 Use this link to share your project or schedule a free consultation.
Watch this space for weekly updates on digital transformation, process automation, and machine learning. Let us assist you in bringing the future into your company right now.