Claude Code is the ChatGPT moment repeated and awful news for software stocks (sherwood.news)

The recent launch of Claude Code and Claude Cowork by Anthropic is being hailed as a transformative moment in AI, comparable to the impact of ChatGPT. This development is particularly significant as it highlights the rising power of AI agents that operate within a highly integrated user interface, suggesting that traditional software paradigms may be on the brink of monumental change. As software stocks experience a significant downturn, with associated ETFs struggling, analysts note that the emergence of such advanced AI could disrupt the existing software industry by moving toward a model where efficiency and access to information supersede traditional software processing metrics. Doug O’Laughlin of SemiAnalysis emphasizes that Claude Code could redefine the AI landscape. He envisions a future where advanced AI interfaces will minimize the role of traditional software in information processing while focusing on seamless information synthesis and user-driven workflows. This shift could render current differentiation metrics obsolete and increase the value of persistent data access, akin to how the internet changed the very nature of information sharing. As companies brace for this impending change, the implications for established software players could be profound, raising questions about business models and competitive strategies in a new era dominated by AI-driven solutions.