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1. Daedal+(OP)[view] [source] 2026-02-04 22:44:59
there is no saas downturn caused by AI. wall street is just starting to say hang on a minute, why is this SaaS stock trading at a price to earnings ratio of 300?

then the sell-off is attributed to AI because it is far easier to say to shareholders hey we know our company lost half its value but thats actually a good thing because we need to pivot to AI and we're going to spend all our free cash flow on AI software and our stock should totally be trading at 300x earnings again in a few weeks. if you can last another few months as CEO and the fed cuts rates you'll be able to ride it out

of course, the tide is going out on a few dogs. I don't think adobe will become dominant again

you see the same trend with mass-layoffs being blamed on AI. easy way to sell bad news to the shareholders

in 2026, AI and JE are the two reasons for absolutely everything

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