Most retail investors don't understand what AI can do. Just because they use an AI tool like Gemini or ChatGPT and hear that AGI is coming doesn't make them an expert.

Yes, AI is a threat to the job market but not to specialized SW tool companies who have the experience, data and are using AI themselves (see eg $NOW).

But your niche SW tools from small companies are under attack for sure, they don't have the money to compete with the broad AI attack.

Don't think that Macrohard will succeed, most of this exists already now in Claude Code, AntiGravity and VSC. Musk is late and not innovating but trying to copy and catch up, as usual. His LLM is flawed anyways, don't give money to fascist billionaires like him or Thiel, Karp.