TLDR Tech / Founders
The Software Shakeout: What Is Durable and What Is Not in the Age of AI?
$1T in software market cap evaporated in three weeks. This framework sorts the survivors from the dead. Software in the path of doing work (CrowdStrike, Stripe, Shopify) is durable. Software that generates paperwork about work (DocuSign, Monday.com, Zendesk) gets replaced by AI that just does it. The scary middle - Atlassian, Salesforce, HubSpot - is eroding slowly but the cliff is coming. If you're building a product that humans fill out so other humans can read, rethink the entire premise before your next board meeting.
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