What is Software vs non-software? Are you describing companies that produce and sell software vs those that do not? I’m not sure what this is measuring…
isaac-get-the-golem on
What would the mechanism be for this relationship if it’s not spurious correlation?
AdOk1598 on
This seems like a tenuous connection at best? Id be more inclined to believe it if the event you’d chosen was GPT 5. As that’s far more impactful on the market IMO.
I think it’s really just a sell off of incredibly overvalued tech stocks.
mankiw on
I don’t understand the market’s thinking here. Wouldn’t making coding faster and cheaper benefit companies that make and sell code? It’s like arguing that the mechanical loom would be terrible for companies that make and sell clothes.
Merciudel on
So the divergence started before the 4.5 release. Thanks for showing that.
type_your_name_here on
Ladies and Gentlemen, here you will find a perfect example of correlation does not equal causation.
Weshtonio on
According to your own chart, the change happened a good 2 months prior to the milestone you chose.
I do not believe in the great AI replacement theory, but it will 100% replace some of the work Excel and PowerPoint pushers (KPI Janitors) do and thus reduce the need for overpriced and overcomplex SaaS solutions to some degree.
9 Comments
What is Software vs non-software? Are you describing companies that produce and sell software vs those that do not? I’m not sure what this is measuring…
What would the mechanism be for this relationship if it’s not spurious correlation?
This seems like a tenuous connection at best? Id be more inclined to believe it if the event you’d chosen was GPT 5. As that’s far more impactful on the market IMO.
I think it’s really just a sell off of incredibly overvalued tech stocks.
I don’t understand the market’s thinking here. Wouldn’t making coding faster and cheaper benefit companies that make and sell code? It’s like arguing that the mechanical loom would be terrible for companies that make and sell clothes.
So the divergence started before the 4.5 release. Thanks for showing that.
Ladies and Gentlemen, here you will find a perfect example of correlation does not equal causation.
According to your own chart, the change happened a good 2 months prior to the milestone you chose.
https://www.tylervigen.com/spurious-correlations
I do not believe in the great AI replacement theory, but it will 100% replace some of the work Excel and PowerPoint pushers (KPI Janitors) do and thus reduce the need for overpriced and overcomplex SaaS solutions to some degree.