$300 billion wiped from software stocks in a single week. Is SaaS officially dead or is this the buying opportunity of a decade?

In this episode of Bricks, Bucks & Bytes, Owen, Patric, Dustin, and Martin break down the so-called "SaaSpocalypse" rocking global markets, welcome back Bedrock CTO Kevin Peterson fresh off a massive $270M Series B that puts his autonomous excavator company into unicorn territory, and dissect the hilarious beef between Anthropic and OpenAI playing out on the Super Bowl stage.

Topics discussed:

• The $300B+ SaaS valuation crash and whether it's a death sentence or a market correction back to normal

• Why software engineers are now "juicing" with AI coding tools and what that means for the industry

• Bedrock's journey from Series A to unicorn status, their autonomous excavators on real job sites, and why Google's Capital G is backing them

• Where smart money is moving as investors flee software stocks (hint: Europe is winning)

• Anthropic's brilliant Super Bowl ad mocking OpenAI's plan to put ads in ChatGPT and Sam Altman's salty response

• 38% of Stanford students claiming disability for perks and what it says about elite institutions

💬 "LLMs are book smart. They've read every forum on Reddit, every book ever published. But when you get out in the field, it's not in the book." Kevin Peterson, CTO of Bedrock

Watch the full episode now on Youtube. Link in the comments!

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Chapters

00:00 Intro

01:26 The SaaSpocalypse: A New Era for Software

04:51 Market Corrections: The Future of SaaS Valuations

07:21 AI's Role in Software Development

18:54 The Evolution of Software Engineering

24:05 Bedrock's Journey: From Startup to Unicorn

30:49 The Future of Autonomous Construction Vehicles

32:54 Customer Perspectives and Ideal Partnerships

34:59 Safety and Supervision in Automation

36:01 Building a Strong Team for Innovation 4

38:14 Design Considerations for Autonomous Machines

39:40 Investment Trends in Robotics and AI

42:06 The Role of User Interface in Automation

47:20 Investment Strategies in Competitive Spaces

48:24 The Future of Autonomy and AI in Industry

49:35 The Battle of AI Companies: OpenAI vs. Anthropic

56:02 Disability Claims and University Ethics

01:07:06 Super Bowl Predictions and Lighthearted Banter