Jan. 18 at 4:41 AM
$CRM $ADBE $NOW
The bearish narrative is overly generalized. Not all enterprise software is equally vulnerable. Enterprise platforms are more than workflow engines—they are systems of record for mission‑critical data: customer data, operational workflow data, financial and tax data. AI requires clean, structured, contextualized data to function effectively, and only incumbents possess this at scale.
AI therefore amplifies the value of the data layer. Once AI is embedded into these systems of record, switching costs rise, governance becomes more complex, and platform lock‑in deepens. In many cases, AI strengthens—not weakens—the incumbent advantage.
https://lextrading.beehiiv.com/p/enterprise-software-sell-off-ai-disruption
