Jordi Visser

It won't change that much.

If the game was a half hour long and it's 20 to seven and there's much time, then all of a sudden the probability of a team winning is heading towards 100%.

The reason I bring that up is that's what's happening to all companies that can be disrupted by software.

So the game of software used to be a three month game.

it's now being converted into a one day game.

And so the reason things drop is because the probability of them being a growth company in three years drops dramatically the second a vision comes out to anyone.

Now, is it justified?

I will say rather than argue as the way a lot of people, particularly ETF people, famous ETF people saying, you gotta buy all software, you gotta do this.

They're not acknowledging what has changed since November.

A lot's changed since November.

I want all retail to be in a position where their mindset is, once Opus 4.5 came out, the game started to change.

When OpenClock came out, the game changed.

If you go listen to Ben Horowitz on the Moonshots podcast, he literally said, when OpenClock came out, Silicon Valley changed their view.

When you hear that,

How does a software analyst or someone trading at home not adjust to Silicon Valley change their view on AI and the disruption that it would be when OpenClaw came out?

So 4.5, Andrej Karpathy writes about it.

Then you get to 4.6, but in between there, you have OpenClaw.

I think what people need to start to realize is

it's not some bear case for software.

It's a re-rating of that compression of time.