Harry Harrison @HarryH1993: "The Death of Software ☠️💻 With..."

United Kingdom

The Death of Software ☠️💻 With the recent improvements to coding agents are we seeing the death of software as it becomes ever more of a commodity and easy to build? The image below shows the stock performance of software companies over the past 12 months, not a pretty sight for anyone investing in them. Anyone that's used tools like Claude Code or Codex knows that they've improved hugely in the past year and given that the improvements are exponential, we can expect to see even bigger ones over the next 12 months. They're already at the point where they can build a pretty good clone of a basic app or add advanced features to a large codebase in a few minutes and it's not hard to imagine a scenario soon where, given the resources & connections to tools, they can clone almost any app. Getting them to create a good looking app may be a bit harder longer given that design is more of a more subjective field but even that seems uncertain and I've seen a lot of design & content creation tools being released over the past 2 weeks. With things like Moltbot (go here to see what the bots are saying about us 😅 - www.moltbook.com/m/blesstheirhearts) and Gemini's Genie 3 model (https://deepmind.google/models/genie) released in the past month there doesn't seem to be any signs of software improvements slowing down. The difference between spending time on X vs reddit & LinkedIn is amazing. On X it seems like there are amazing things coming out almost hourly that just 12 months ago would have been amazing. Whilst LinkedIn and reddit have a much more doomerish take on things where the AI is either so good it will destroy all software jobs within a few years, or it's so bad that it's basically useless. I can only assume that anyone that thinks this either hasn't used the tools for a few years, is wilfully ignoring how good they are, or is letting their feelings get in the way of what's real. Speaking of software, after an idea from @about_trading I built this the other day in Claude Code for any PIs or anyone that's interested. If you have any ideas for improvements or anything else I'm all ears 👂👂👂 - www.pibookclub.com/ Just a few thoughts and would be happy to hear anyone else's if they have them but will focus on a big announcement today: $SOFI (SoFi Technologies Inc) earnings! 📊 SOFI Delivers the Goods SOFI, our largest holding, reported revenue of $1.03 billion for Q4, beating analyst estimates of $985.9 million by about 4%. That represents growth of nearly 37% year-over-year – a remarkable achievement for a company that some analysts were skeptical about just months ago. What really caught my attention was the forward guidance. Management raised full-year 2026 EPS guidance to $0.60 at the midpoint, which topped analyst expectations by around 10%. For a company that was unprofitable not long ago, seeing this kind of consistent execution is exactly what I want from my fintech holdings. The member growth story continues to impress as well. SOFI has been adding record numbers of new members quarter after quarter, and the cross-selling strategy is clearly working. When you can get someone to refinance their student loans, open a checking account, invest, and take out a personal loan all on one platform, that's a powerful business model. 🏛️ Trump Nominates Kevin Warsh as Next Fed Chair In a significant move for markets, President Trump announced Kevin Warsh as his nominee to succeed Jerome Powell as Federal Reserve Chair. Warsh is a former Fed board member who served from 2006-2011, navigating the 2007-08 financial crisis. He's currently a visiting fellow at Stanford's Hoover Institution and a partner at billionaire Stanley Druckenmiller's investment firm. Warsh has historically been critical of ultra-loose monetary policy, which could signal a different approach to interest rates if confirmed by the Senate. Powell's term ends in May, and Trump has clashed with him repeatedly over rate decisions. 🪙🩶 Precious Metals & Crypto Bloodbath Whilst the start to the year has been good for $SILVER and $GOLD, it's been an awful day 24 hours for the 2 precious metals, down 13% and 5% respectively. $BTC and $ETH are also down although by just 2%. Will be interesting to see how Gold, Silver and other commodities go from here. From 2018 - 2025, I had one of the highest compounded annual growth rate of all Popular Investors - etoro.tw/4b3pl7o Check out my profile to learn more about my investment strategy and if you have any questions, feel free to leave a comment below. Thanks for taking the time to read this! 😀 Harry Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Nothing here should be considered a recommendation to buy, sell, or hold any asset. Always do your own research and consider your personal circumstances before making financial decisions.