One of the most misguided dumps I've seen in a long time just happened. Anthropic released a new code review skill for Claude which will help find and fix vulnerabilities in software and the algos are selling security stocks like crazy.
Take it from someone in the biz: Cloudflare and CrowdStrike do not make application security products that help with code review. They have little to no exposure to this product release. The companies that would get pummeled would be companies like SonarQube or Snyk, neither of which are publicly traded.
Even if Claude does fix all of the worlds' software bugs, no one is going to stop buying Falcon and putting their servers behind Cloudflare's infrastructure because of it. That would be like not wearing your seatbelt while driving because you just tightened all the nuts on your wheels. The malice and stupidity of other humans (and yourself) is still a way bigger risk to you while driving than your wheels falling off.
If anything, with OpenClaw blowing up, Cloudflare's bot monitoring and protection is only going to get more valuable as AI agents start using the web more. I'm buying this dip
CRWD and NET down almost 10% today because… Claude has a new code review skill
byu/Rooftoptile2 inwallstreetbets
Posted by Rooftoptile2
15 Comments
It’s very interesting to me how whenever a new AI product drops that’s supposed to revolutionize a specific field, everybody is freaked out except for the people in the field that’s supposed to be revolutionized.
It is unclear to me whether this is because people are myopic about their own specialties, or whether AI actually won’t revolutionize much and it’s just hard to know that unless it’s in relation to the area in which you have specialized knowledge.
I’m confused. Calls or puts?
it is pretty fuckin dumb, but sentiment shifts can take longer than you think. i wouldnt expect a sharp V on this. it will probably take a few quarters at least to prove that they aren’t materially affected and maybe longer for money to come flowing back to these stocks
They are down because of service related economic data not code review AI
it will kill a lot of start ups for sure. Im going to use to scan my AWS, basically see if i have any dumb security group issues and VPC configurations. If anything, AI will make security audit cheaper. Also, can be used as a recommendation for Cost Explore on what to cut and how to sub it
I’m sure the companies in the s&p will do their own cybersecurity with Claude.
Isn’t it mostly wall street types who decide the correlation between headlines/sentiment and impact to valuation for the algos? If so they may be out of their depth here not understanding AI properly or thinking that it will literally do everything a software company does.
Markets are forward looking, and sometimes irrational as you may argue. My view is that all the quick advancements in AI fuels the sentiment that any saas product will eventually be commoditised
Thus the code review doesn’t impact crwd and net (yet), but possibly the market feels it is one step closer to their moat being eroded, and they want to get out before it happens.
The idea of Claude having security agents as a third party is the worst idea I’ve ever seen in security.
Man I wish GitHub had a feature like this
Oh wait…
But if companies write secure code they won’t need antivirus!!!
AI has caused the rates of automated attacks to skyrocket in enterprise, you need defences now more then ever
code vulnerability scanning has existed for ages already…
I know a lot of people here love Cybersecurity companies because they have become cash machines in the era of cloud.
Lack of knowledge about security and privacy risks while building and deploying software is the reason why we need security engineers in the first place.
Software engineers always prioritize velocity to building secure applications.
Ask anyone in the software industry and they’ll say security engineering is one of the boring and mind numbing things you can do in software and everyone would be happy if this shit gets automated completely.
matt levine is undefeated once again. anthropic could buy all the gpus they need by simply buying puts on whatever the news cycle determines is next to be disrupted by ai lol.
So this explains why my CyberSecurity ETF (CYBR.TO) is down 5% today??