Software Services Facing AI Disruption

21 days ago

"Software services are going to get eaten by AI. [laughter] True. You know, that's what I think. I could be wrong. I could be wrong because I've noticed lately um really access to data is a huge is a huge point, you know, because I'm always looking for cars in the aftermarket and I look on autotrader and I look at car gurus and I look at cars.com and when I use chat GPT or Google Gemini, it's useless. It's absolutely powerless. And even the AI bots will say, "Hey, listen. We don't have any access to the data.""

The speaker expresses a bearish macro view on the broader software services sector, suggesting that many firms will be disrupted by AI due to insufficient access to critical data. The commentary notes that companies with unique datasets, like Gong, might be better positioned despite the overall threat from AI-driven competitors.

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