software
7 statements across 6 episodes · 1 bullish · 2 bearish · 4 people on the record · first statement Jan 25, 2024 by Brad Gerstner · across every show →
Everything said about software, oldest first
Jan 25, 2024 neutral
Gerstner: Tech trades at 36% premium to 10-year average while software lags
“The blue line represents tech. This is the Q's. We're trading at about a 36% premium to the ten-year average. I just showed you software. Software is still trading at a discount because people are more skeptical of software, but when you look at the Q's, Nvidi…”
Jun 10, 2024 bullish
Gerstner: 'Death of software' narrative will look silly within 24 months
“I would argue less than 24 months will appear to be silly. I think there's some really interesting investments to be made particularly in the public markets because a lot of these incumbents have incumbent advantages and, you know, they're going to accelerate …”
Jun 10, 2024 bearish
Gurley: Software optimism cannot recover while peak AI hype persists
“I don't think you can simultaneously have people get re-optimistic about software and the hype cycle of AI to continue at the pace it's been on, because I think they're at odds with one another, because the most glorious statements about what AI is and can do …”
Aug 9, 2024 bearish
Gurley: AI Will Not Replace All Software or Cause Mass Unemployment
“I don't think this replaces all software. I don't think people are going to be sitting around jobless and need UBI. I don't think You know, I don't think that, that all software just goes away. Someone said that this is the new operating system. I don't think …”
Sep 11, 2025 neutral
Oct 31, 2025 neutral
Nadella: AI gives software significantly higher marginal costs, forcing business model adjustments
“Overall, it is going to be true that there is a real marginal cost to software this time around. It was there in the cloud era too. When we were doing, you know, CD-ROMs, there wasn't much of a marginal cost. You know, with the cloud, there was. And this time …”