Jeff Horing

First of all, we haven't seen any of it in our companies.

The cost of developing software is inching down, but it's not collapsing overnight, and I can't explain exactly why.

But the idea that a complex application is gonna get built just because we have a better productivity tool

We've gone through generations of productivity tools in software development.

This is more profound for sure.

For those who are old enough, the 4GL was a pretty profound tool too.

Because back in the day, you just had a database with a screen.

Applications weren't all that complicated and the 4GL was meant to basically make it really easy to build the screens.

It was impactful, but it didn't radicalize.

Every SAP and all these other companies didn't get displaced because of it.

But it's taking away a lot of probably budget.

I think you'll probably be seeing a lot of companies

feeling the pain of that's not the cool kid on the block to buy a CRM software today.

That's just not my priority.

I want to automate something else.

So that matters.

That's growth rates.

There's obviously a few companies that are probably more squarely challenged by what it can do because they're probably working around documents and doing image recognition, things like that.

What's your point of existence now?

By and large, I don't worry about the usefulness of software so much as the