Software's Triumph Over AI Fears A Viking's Perspective

• Software companies are poised to significantly benefit from AI, not be replaced by it.
• Established software vendors possess the expertise to integrate AI effectively into enterprise-level applications.
• Market undervaluation presents an opportunity for strategic investment in software stocks.
• HSBC identifies key software stocks primed for growth, based on their capacity to harness AI.

The Allfather's Insight Software's Enduring Reign

Fear not, shield-brothers and sisters. Whispers of AI devouring software are but the serpent's hiss before battle. HSBC, like a seasoned seer, predicts not the fall of software, but its ascension. They say AI will make software obsolete? It is like saying the axe will replace the warrior. The axe is merely an extension of his strength, his will. So too is AI for software.

Enterprise Class Software No Easy Conquest

These fledgling AI platforms, like Google and OpenAI, are but raiders on the shore compared to the established kingdoms of enterprise software. They lack the ships, the warriors, the knowledge to navigate these complex waters. HSBC speaks of them "architecting from scratch in unfamiliar, highly complex areas." Trying to build a longship with only rocks and seaweed. Possible, but hardly practical. It reminds me of the time Floki tried to build a boat out of whalebone… let's just say it didn't sail far. Such trials are like the article Commercial Real Estate's Comeback Story The Office Sector Defies the Doomsayers - both are examples of things that some people might think are doomed, but ultimately prove their resilience.

The Costly Dream of Homegrown Code

Imagine each Jarl deciding to forge his own sword, build his own ship, weave his own cloth. Madness! It's neither practical nor wise. HSBC echoes this, stating it's not "economically sound" for companies to build their own software with AI. Why reinvent the wheel, when you can simply improve upon it? "Even I don't believe everything I see," and I certainly don't believe every company can become a software smith overnight.

AI a Tool not a Tyrant

Even with "vibe-coding" – crafting code with AI prompts – usurping established vendors is a Herculean task. These vendors are the very heart of global operations, the backbone of empires. AI, for all its might, serves the platform, not the other way around. As I once said, "Power is only given to those who are prepared to lower themselves to pick it up." AI must serve; it cannot rule.

Valhalla Awaits Patient Investors

The market's fear has created an opportunity. A chance to seize undervalued assets. HSBC, ever the wise strategist, suggests expanding positions in the software space. Valuations are at "historical lows," while the sector is poised for "massive expansion." It's like finding gold in the ashes of a burned village – unexpected, but welcome.

The Lion's Share Belongs to Software

While hardware enjoys its moment, the true spoils of AI belong to software. These companies have been preparing, planning, building AI-driven systems for years. The real surge begins in 2026, HSBC proclaims. They recommend Oracle, ServiceNow, Salesforce, HP, and CrowdStrike. These are the longships ready to sail, the warriors eager for battle. Invest wisely, and you too shall feast in Valhalla.