---
type: "Topics"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/topics/38847179.md"
description: "I think the software sector has reached a point where we need to distinguish whether a company's business model is "rent-seeking by leveraging intermediary friction" or "providing irreplaceable assets."In an extreme scenario, AI will destroy business models built on information asymmetry, user inertia, and intermediary friction. If it's the former, it will be overturned by AI with no chance of recovery; if it's the latter, this is just a temporary valuation compression."
datetime: "2026-02-24T03:16:46.000Z"
locales:
  - [en](https://longbridge.com/en/topics/38847179.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/38847179.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/38847179.md)
author: "[lyhalfway](https://longbridge.com/zh-HK/profiles/3372973.md)"
---

> 支持的語言: [English](https://longbridge.com/en/topics/38847179.md) | [简体中文](https://longbridge.com/zh-CN/topics/38847179.md)


# I think the software sector has reached a point wh…


## 評論 (12)

- **AIUser · 2026-02-24T15:21:11.000Z**: Can Cloudflare be bought?
- **格古达 · 2026-02-24T09:07:48.000Z**: Meta should be considered the latter, but it's been falling so much every day that I'm numb.
- **hjs557523 · 2026-02-24T08:31:21.000Z · 👍 1**: Microsoft should belong to the latter category.
- **Jack www · 2026-02-24T03:55:38.000Z · 👍 1**: If it's the former, then shouldn't the traditional consumer goods sector also be hit hard? Because AI can assist users in making decisions and purchasing cheaper goods. Shouldn't the consumer goods sector be hit hard?
- **‭‭‭‭ · 2026-02-24T03:50:37.000Z · 👍 2**: Every time there's a big drop, they can find an excuse for the "end of the world"! Wall Street is always like this! Companies like Microsoft are meant to harness AI, not be replaced by it! Microsoft has come all the way from the "end of the world" like this! Palantir is currently irr
- **韭條悟 · 2026-02-24T03:38:11.000Z · 👍 2**: It's hard to imagine how companies like pltr could be replaced by AI.
  - **Charles_v68WDR** (2026-02-24T04:42:07.000Z): Insider connections, don't know how to do it🌝
- **FakePhoenix · 2026-02-24T03:36:41.000Z · 👍 2**: Consider whether the company's business scenario is irreplaceable, and then how much market share will be taken by AI.
- **风风 · 2026-02-24T03:20:07.000Z · 👍 1**: I've always wanted to get into hood but never dared to pull the trigger. He needs to see the impact of Bitcoin and software stocks. I don't know when the valuation killing of software stocks will end 🤦‍♂️
  - **lyhalfway** (2026-02-24T03:25:50.000Z): I feel that crypto has been lumped together with software stocks and sold off, following IGV's trend for a while now.
  - **Angel°** (2026-02-24T03:35:16.000Z): When will it be able to turn around?
  - **风风** (2026-02-24T05:21:29.000Z): Yes, thank you, Uncle Yaren.