John Landry

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John Landry

John Landry

@leaddog99

50yr Software Exec, 12X Software CTO, 6X CoFounder, Angel in 80+, 43X BoD Member/Chair, Husband of 1, Dad of 2, GrandDad of 6... Times Thankful? ∞ !

Mainstone Farm, Wayland, MA Katılım Mart 2009
1.4K Takip Edilen5K Takipçiler
John Landry
John Landry@leaddog99·
@Fastmail Recommendation.. DON'T SUBSCRIBE! I'm going on Day 3 of trying to get them to get my account on line again... CRICKETS. For an email site, their customer service is atrocious. STAY AWAY!
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John Landry
John Landry@leaddog99·
@Fastmail Recommendation.. DON'T SUBSCRIBE! I'm going on Day 3 of trying to get them to get my account on line again... CRICKETS. For an email site, their customer service is atrocious. STAY AWAY!
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Peter Girnus 🦅
Peter Girnus 🦅@gothburz·
Regarding the SaaSpocalypse. I am the Chief Strategy Officer of a major enterprise software company. We've lost 47% of our market cap in four months. Our stock dropped 6% on Monday. My bonus is gone. My options are underwater. My second vacation home is in jeopardy. The third one is fine. For now. I need to explain what happened. We didn't do anything wrong. Anthropic did. They released plugins. For Claude. Eleven of them. Open source. Legal automation. Contract review. Compliance workflows. NDA triage. Work that used to cost $400 per hour. Now costs $20 per month. We had a phrase for this. "AI augments, not replaces." That was the pitch. The pitch to investors. The pitch to customers. The pitch to employees. The pitch to law school graduates with $200,000 in debt. The pitch to the senators we lobby. "AI augments, not replaces." It was a beautiful phrase. Calming. Reassuring. Focus-grouped extensively. Completely false. We knew. We all knew. Every enterprise software CEO on the planet knew. We discussed it at Davos. Over $47 cocktails. While wearing badges that said "Human-Centered AI." The technology was coming. The replacement was inevitable. The timeline was unclear. Our exit liquidity was not. We just didn't expect Anthropic to be so... helpful. On January 30th, they released the plugins. By February 2nd, Thomson Reuters was down 18%. In a single day. LegalZoom dropped 20%. Our Head of Investor Relations had a panic attack. On a Zoom call. With investors. They saw. We call it the "SaaSpocalypse." That's a joke. It's not funny. My net worth dropped by $14 million. That's two Teslas per hour for a week. Jensen Huang said our reaction was "purely illogical." Easy for him to say. He sells the shovels. We sold the promises. He's up 340% since 2023. We're down 47% since September. But sure. Illogical. The promises that AI would make your existing software better. Not obsolete. The promises that you still needed expensive platforms. Expensive integrations. Expensive support contracts. Expensive consultants. Expensive lawyers. The lawyers. The lawyers are the real story. Big Law runs on billable hours. $800 an hour. $1,200 an hour. $2,000 an hour. For contract review. For NDA triage. For compliance workflows. For "adding value." Work that requires a JD. Three years of law school. Bar passage. Six years of experience. A corner office. A parking spot. A subscription to the Yale Law Journal. Claude does it now. For $20 a month. Claude doesn't need a parking spot. Claude doesn't expense client dinners. Claude doesn't bill 2,400 hours to make partner. Claude doesn't have a Yale Law Journal subscription. Claude doesn't have student loans. Claude doesn't cry in the bathroom at 2 AM. Claude just... works. The American Bar Association had a conference last week. They predicted "the demise of the billable hour model." At a conference about billing. They served $18 sandwiches. The irony was lost on no one. The sandwiches were mediocre. Morgan Stanley called it "intensifying competition." That's Wall Street speak for "your business model is dying." Adam Parker at Trivariate Research said software stocks are "guilty until proven innocent." He said we're "a falling knife." He's right. We are a falling knife. And we sold you the handle. For years. With a service contract. And an annual maintenance fee. We said: "AI is a tool." We meant: "AI is our tool." We said: "AI augments humans." We meant: "AI augments our revenue." We said: "AI won't replace your job." We meant: "AI won't replace your job until it does." We said: "The human touch is irreplaceable." We meant: "The human touch is expensive and we're working on it." We said: "AI needs human oversight." We meant: "For legal liability purposes only." We said: "We're committed to responsible AI." We meant: "We're committed to responsible AI until it's unprofitable." It's unprofitable now. It does now. The associate lawyers are first. The ones who thought they were safe. The ones who thought "AI can't practice law." AI can't practice law. AI can do 80% of what associates bill for. The other 20% is "relationship management." That means: lunch. Then the contract reviewers. Then the compliance analysts. Then the consultants. Then the financial analysts. Then the people who make PowerPoints about synergy. Actually, we're keeping those. Someone has to explain the layoffs. Mike O'Rourke said it best: "If the legal industry can be disrupted, so can consulting and financial services." He's not wrong. He's terrifyingly correct. He probably shouldn't have said that out loud. His LinkedIn is now "Open to Work." Every knowledge worker who bills by the hour is now in a race. A race against a Claude plugin. An open-source Claude plugin. We didn't see that coming. We expected proprietary. We expected expensive. We expected enterprise sales cycles. Eighteen-month implementations. Mandatory consulting packages. Executive briefings in Aspen. Anthropic just... gave it away. Eleven plugins. Free. "Customize workflows." "Slash commands." "Consistent outcomes." For $20 a month. No executive briefing. No Aspen. No $47 cocktails. Just a chat interface. And the death of our business model. The board meeting was yesterday. The CFO cried. The General Counsel updated his resume. On company time. Using the company laptop. Bold move. The Chief Revenue Officer blamed the sales team. The sales team blamed the product. The product blamed the market. The market blamed us. The PR team blamed "macro headwinds." The CEO blamed "exogenous factors." The board blamed the CEO. The CEO blamed his predecessor. His predecessor is on three other boards. He's fine. The market is correct. We knew. We all knew. Every pitch deck. Every investor presentation. Every "thought leadership" article. Every podcast appearance. Every TED talk about "the future of work." "AI augments, not replaces." We said it. We didn't believe it. We had a private Slack channel. Called "#inevitable." We discussed the timeline. We discussed our options vesting schedule. We discussed which executives should sell first. "Staggered for optics." And now the market doesn't believe us. $250 billion. Gone. In a week. Because a company in San Francisco released eleven plugins. For free. And did what we said was impossible. Replaced expensive knowledge workers. With a chat interface. A chat interface that doesn't need dental. We have a new phrase now. "Pivot to AI-native." That means: "We're rebuilding everything." That means: "The last five years were wasted." That means: "Your job is also in jeopardy." That means: "Please don't look at our executives' stock sales from Q4." But don't worry. We're "leaning into the disruption." We're "embracing the paradigm shift." We're "right-sizing for the new reality." Right-sizing means layoffs. Paradigm shift means our product is obsolete. Leaning in means we have no plan. AI augments, not replaces. We would never lie to you. Again. Anyway, buy the dip! Our investor relations team says it's a "compelling entry point." They're also updating their resumes.
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Suzie rizzio
Suzie rizzio@Suzierizzo1·
This is Ryan Eckland who is a well known & respected Realtor in the Twin Cities & he got behind a ICE vehicle in Woodbury & started filming & they ended up throwing him to the ground & detained him & took him to Whipple where he was for hours with other U.S citizens!
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Ayushi
Ayushi@ShutupAyushiii·
Me checking twitter to confirm if ChatGPT is down
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Godly Nation
Godly Nation@GodlyNations·
What's your current level of satisfaction with Karoline Leavitt. A. 100% B. 75% C. 50% D. 25%
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Timony
Timony@timony001·
🚨New CNN Poll says Trump is the worst President in history. Do you believe that? A. Yes B. No
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TheFrenchie
TheFrenchie@ML3democrats·
As of today, how would you rate your level of support for Governor Gavin Newsom? A. Very Strong Support (100%) B. Strong Support (75%) C. Moderate Support (50%) D. Limited Support (25%) E. No Support (0%)
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Paul Graham
Paul Graham@paulg·
@SenSanders These people aren't praising him because they want tax cuts. They would be fine if there was zero change in tax policy. They're praising him because they don't want him to pull some arbitrary move that damages their companies.
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Sen. Bernie Sanders
Sen. Bernie Sanders@SenSanders·
Donald Trump just passed the largest transfer of wealth from the working class to the rich in history and the tech oligarchs are now lining up to praise him.   The greed of the billionaire class knows no bounds.
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John Landry
John Landry@leaddog99·
@SenSanders A nauseating spectacle: an industry I’ve been part of for fifty years once led by hungry entrepreneurs focused on innovation, diversity, and true technological progress, now reduced to a clique of spineless, ass-kissing, oligarchs pledging pitiful fealty to the wannabe dictator.
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John Landry
John Landry@leaddog99·
@elonmusk No how encouraging Elon hey how encouraging Elon… For one brief moment, you appear to have regained your sanity
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Suzie rizzio
Suzie rizzio@Suzierizzo1·
Exactly! Who agrees with this statement? Put a 🤬
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Sheldon Whitehouse
Sheldon Whitehouse@SenWhitehouse·
Department of Stupid Vengefulness. 1.  Pulling security clearances of Tony Blinken and Jake Sullivan after they had already been revoked by earlier EOs. 🧵
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Jeremiah Johnson 🌐
Jeremiah Johnson 🌐@JeremiahDJohns·
@NateSilver538 We may be deporting legal residents to Salvadorean torture camps for having 'I Love Mom' tattoos, and the president may be considering invading our neighbors, and he might violate the constitution to run for office a third time. But hey! At least the economy is also tanking!
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Erik Solheim
Erik Solheim@ErikSolheim·
Ford’s CEO: Stop talking about Huawei and TikTok, start talking about how much ahead China is in the electric car and battery industries. Please watch - this is truly interesting!
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Sam Ghali, M.D.
Sam Ghali, M.D.@EM_RESUS·
Watch Trevor Lawrence immediately after this horrific hit. His right arm suddenly flexes as his left arm simultaneously extends. This is known as the “fencing posture”—an involuntary reflex that occurs after impact in blunt head trauma. It signifies a traumatic brain injury with loss of consciousness and represents a severe concussion. Prayers up for Trevor.
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