AI and the Software Company Apocalypse

Artificial Intelligence (AI) in the form of large language models (LLMs) has made quite incredible strides in coding capabilities in the past year. As a result, stocks of software companies are coming under pressure (the clumsily-named “SaaSpocalypse”). It seems that each time a new frontier model drops, the stock market reacts negatively. The underlying logic Continue reading "AI and the Software…