ellis
72 posts

ellis
@elliskjohnson
software generalist, lover of people.


JUST IN: Anthropic engineers have spent six months at Goldman building autonomous systems for time-intensive, high-volume back-office work




Software is about to go through the same transition that stock trading did when algorithmic traders entered the market. AI will not be good for bootstrappers. They will be wrecked like retail traders were. There used to be many crevices of the market that large software companies couldn’t reach. Bootstrappers and small caps built nests there. But with AI, large software companies will start to look like multi-vertical hedge funds. With 1000 AI tentacles, they will suck the alpha out of every crevice. While one crevice may not have been appetizing enough to go after before, 1000 will be. Software will begin to have something like “market makers” who make money on everything. A small number of hedgefund-like software companies may come to own everything.














