Feb. 27 at 9:57 PM
$CARG This article is another perfect illustration of WallStreet and a bunch of other folks or analysts not understanding basic technology, what software is, AI impact, what CarGurus business model is, what they sell, what they are planning to do. Typical fear by noise and technology ignorance... Total misread of the industry...
Like the Deepseek news last year, like the Apple antennagate 10 years ago... If anything, CG is planning to use AI to disrupt SaaS companies that sell software to dealers, doing exactly what Anthropic is about to do .. So it's actually the opposite, somewhat a niche competitor to Anthropic...