Gil Luria

Money markets matter.

If money is evil, then that building is hell.

So computer use by AI is actually a really big milestone.

So it is a big leap forward for the capabilities for artificial intelligence within the workplace, within the business context.

And these days, as has been the case for the last few months, the market is associating good for AI with bad for software.

That's where we probably diverge in our opinion.

So we do think it's a very big deal for AI.

It's very good for AI.

But to take from that that it's really bad for software is probably a little too much.

Now, mind you, there are software companies that are particularly exposed to this.

UiPath is the most one.

You can see their stock declined the most dramatically today because UiPath

has the last generation of automated computer use, which is robotic process automation.

Think of it as macros in Excel for anything on your desktop, and that used pre-AI technology.

So now the fact that AI can do that and use your computer without you interfering is a big leap forward and it's a really big problem for companies like that.

To say that it's a big problem for all other software companies goes back to the same debate that's being had for the last three to six months around software.

And it is our opinion that winners in software will continue to win.

And companies that are vulnerable, a disruption is always a bigger deal for.

Yeah, so computer use is literally what it sounds like, which is to say you can now ask an agent to do things on your desktop or your laptop that previously only you were able to do.

So not just interact with a single piece of software or write a little bit of code, rather press buttons on your screen