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Trade Ideas (1)
Date Ticker Price Dir Speaker Thesis Source
Feb 09 AVOID Ali Ghodsi
CEO, Databricks
The market is waking up to the risk facing software companies that rely on complex user interfaces rather than proprietary data. (Anchor mentions Monday.com down 20% as an example). Historically, a software company's "moat" was that it was hard for humans to learn a new interface. AI destroys this moat because humans can now just "talk" to an AI agent to get tasks done, bypassing the specific software interface entirely. If a company doesn't own unique data (is not a system of record), it can be easily bypassed or replaced by an agent. The rapid shift to natural language interfaces (like Databricks' own "Genie") replacing complex technical dashboards. Oversold conditions; some vendors may successfully pivot to becoming "agent-first" platforms. CNBC
AI upends the software ecosystem