Personally, I feel like this is a huge buy the dip opportunity for generational wealth. But I would love the opinion and get a discussion going with others who are more informed.
Are the Claude fears legit or extremely overblown?
byu/chizton inwallstreetbets
Posted by chizton
31 Comments
I’m gay
>…with others who are more informed.
You’re in the wrong place, buddy.
I think they are partial legit but also a bunch of the software stocks were over valued already so I dont see them going back to where they were with no catalyst
Jean Claude?
safest bet is the TSMC. Even if the AI or Claude is not as powerful, it doesn’t end there.
Until the AI tokens are given out subsidized this will continue
The day these AI companies charge real price plus profit this whole AI boom will collapse.
Just wait for it.
Buy the dip on what, the S&P 500 that’s 2% off from ATH or something else?
Well Claude is still hiring software engineers. I don’t see vibe coding replacing enterprise solutions anytime soon, especially since AI loves to blunder on security. I’d rather pay and offload liability, than accidentally leak customer records or something like that.
I see the AI fears as overblown, but many of the SaaS companies were overvalued to begin with – so to me it just seems like prices are coming back down to earth.
Wait for the real correction. SPY down 10% before rebounding.
I legitimately think it’s underblown and I’m not kidding
https://preview.redd.it/ff5feisvbclg1.jpeg?width=806&format=pjpg&auto=webp&s=c894f775bd9c7b598e744d4793fb71f2b8abced1
People who think some AI gimmick will replace COBOL systems (in fintech for example) are just wrong. These systems are absolutely critical, and they *cannot* fail. If it was worth to migrate to another technology, it would have been done already. In fintech, risk management is everything.
Not investment advice. In my opinion, overblown. But it will eat into the price to earnings multiples if companies have the option to quickly write their own software. The software companies will need to do some fancy dancing to include AI into their offerings and may need to cut prices as well. The real cost point for companies may be infrastructure even if they run their own software, they still at least need cloud providers to run it. Possibly they also need humans to maintain the AI code if its crap. So in my opinion cloud providers will grow and most software companies will see pe compression in the medium to long term. Short term this is just a huge panic with zeeo bases in reality. I consider this a buying opportunity if the PE is below 25 (just a random number i came up with) and if one has the capacity to closelt monitor the software company’s progress over time including how it inculcates AI and its enterprise contracts. In my opinion MS is a buy because they are providers of both cloud and enterprise AI.
Edit and of course it could be that AI written software is crap for years and needs maintenance in which case this is a huge buying opportunity.Not investment advice.
The report by citrine is paid for by “please ban AI now” doomers and has no bearing on reality. The SP500 will not tank because of Claude lmao
The fears assume that climbing a hill will lead to the moon. In the event that the tools improve then the incumbents with the subject matter experts and application integrations are likely to benefit. Experts in statistics like Judea Pearl have recently said this is a dead end. My investments are in biotech.
I’m principal google janitor that solves algorithms on the whiteboards at night.
Shit is grammarly 2.0
Claude has no moat long term. None of the LLMs do. It’s an amazing technology and it has a lot of uses and it does change things. It does reduce the need for as many developers as we had. That’s about it atm. I wouldn’t be looking at it as a buy this dip opportunity tho. Open source LLMs have proven they can be comparable or better, free, and with far less compute cost. The trajectory doesn’t seem to be more compute over time, like Sam Altman was claiming.
Way overblown. They are on ipo roadshow and the market is just looking for an excuse to sell SaaS. Honestly sometimes I feel too many boomers bought SaaS without truly understanding underlying companies just because stonks were going up. Now they are selling because they just can’t understand what is being disrupted and what’s not.
I think they are overblown but the crowd effect could chill software stocks for awhile. In some ways it’s kind of like saying I can make cheap generic Coca-Cola and then they will go out of business. Their IP is way harder to beat than that and their genuine product is affordable. This is the case for most software companies. There’s also nothing stopping from those companies from using Claud to keep ahead of the startups with their massive code base to train on.
Who comes to WSBs for thoughtful “discussion”?
That being said, to the extent you’re an adult and actually want to read up, there was a recent piece in the New Yorker that was very good
Claude is gay thats my two cents
The AI tools are good yes, but enterprise customers mostly buy confidence so those companies will be fine
I’m a software engineer at Meta, and worked in Big tech in the last 3-4 years too. Claude is an extremely good tool, and their latest 4.6 model is scary good and it’s the first time I’ve actually feared for my careeer.
I don’t know however if the economics and the natural resources for this to continue are sustainable though, but in terms of capabilities to replace engineers and make the job market worse (already is making it that way), the fears are legit
Anthropic IPO imo will be wild. I imagine most of what they are releasing is partially intended to bolster their IPO price.
“Overestimate in the short run, underestimate in the long run “
So you know how ChatGPT told that guy to buy hims? Claude told me it was a terrible plan. I listened to chat and bought calls. I’m fuk big time
I’ve got some NFT’s for sale if you want to “switch it up.”
I wish nothing but the worst for Claude. My entire career is now prompting some fuck ass chat window and pressing “Keep” or “Undo”. Rivoting shit. And I have to pretend to be excited about it
A paramedic that opened a weed store said AI is going to fuck up everyone’s shit.
Sounds bullish to me. Or at least bullshit.
I just spent the last two hours fighting Claude desktop for Mac to be able to connect to my companies vibe coded MCP server and it doesn’t work for crap.
Extremely overblown.
Oil stocks during COVID crash was an opportunity for generational wealth. Right now I’d go that route before IBM. A big part of my wealth comes from going all in on MSFT in the early 2010s. Single digit PE back then, paid for itself before taking off at the end of the decade.