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[return to "Why software stocks are getting pummelled"]
1. Simian+X82[view] [source] 2026-02-02 20:12:22
>>peteth+(OP)
The Value of software is going down, this much is clear to most people. It will continue to demand proper engineering for its creation and operation. But AI will lead to an increase of unique one-of-a-kind systems created by very small teams. And the world will increasingly rely on these unique systems.

SaaS companies need to start reading the writting on the wall, their massive valuations enjoyed when software was harder to create will need to be justified.

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2. fallou+Ii2[view] [source] 2026-02-02 20:53:15
>>Simian+X82
Everyone says that but I don't see anyone cooking up the next photoshop and selling it at $3/month. Why are we not seeing more options of every tool? Most Saas companies are sales companies at their core rather than software companies. And those sales people are so good that they can sell a todo list for millions.
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3. colive+6p2[view] [source] 2026-02-02 21:24:09
>>fallou+Ii2
In the case of Photoshop it is the software itself that is becoming useless. In a few years, using photoshop will be viewed the same as developing physical film, a process from a by-gone era that is still possible, but impractical.
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4. gmueck+6w2[view] [source] 2026-02-02 21:53:52
>>colive+6p2
This is an extremely bold claim and I think that it completely overlooks how Photoshop is used by professionals in practice. Professional users want extremely fine grained and precise control over their tools to achieve the specific results that they want. AI "image editing" is incapable of providing anything remotely similar.
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5. colive+BJ2[view] [source] 2026-02-02 22:41:33
>>gmueck+6w2
Yes, "professional users" need this. The problem is that the group of professional users who need that will shrink really fast in the next few years.
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