AI coding enters the mainstream
Speakers
Deirdre Bosa
— Anchor/Reporter, CNBC Tech Check
Mike
— Host
Summary
CNBC's Deirdre Bosa demonstrates apps she built with AI coding tools including Anthropic's Claude Code and Replit with no coding experience, calling it a ChatGPT-like inflection moment for AI. She says the collapse in the cost of building custom software is scaring the software trade and pressuring software stocks as the market starts to hedge, while systems-of-record names like Workday and Salesforce look hard to displace. She also flags the enormous compute these tools require as a bull case for the AI infrastructure build and notes Replit's reported funding round at a $9 billion valuation.
- Anthropic's Claude Opus usage reportedly surged 85% in a week, per a traffic-monitoring platform.
- Deirdre Bosa showed apps she built with Claude Code and Replit despite having no coding or technical experience.
- She called it a ChatGPT-like inflection moment for AI and said the market is starting to hedge.
- She said the collapsing cost of building custom software is what is scaring the software trade and pressuring software stocks.
- Workday and Salesforce were cited as sticky systems of record, while Zendesk was flagged as a nice-to-have more open to disruption.
- Replit reportedly is nearing a funding round that would triple its valuation to $9 billion.
- She said the enormous compute these tools require may be the bull case for the AI infrastructure build.
Ideas
AI coding collapse pressures software stocks.
Using AI coding tools like Claude Code and Replit, she built working apps with no coding or technical experience, showing the cost of building custom software has collapsed. She calls this a ChatGPT-like inflection moment for AI and says the market is starting to hedge; the cost collapse is what is scaring the software trade and pressuring software stocks, and the pressure is likely to persist because the tools are only going to get better, with companies charging for convenience rather than owning a system of record the most exposed to disruption.
Compute needs underpin AI infrastructure bull case.
The AI coding tools and the apps they generate require an enormous amount of compute, which she says may be the bull case for the AI infrastructure build, tying continued AI coding adoption to sustained demand for AI infrastructure.
Systems of record make Workday, Salesforce sticky.
She cites Workday and Salesforce as software companies with important systems of record, which makes them sticky and unable to be as easily displaced by AI coding tools, leaving them relatively insulated even as the broader software trade faces disruption and hedging pressure.
