“Software is dead.”
Joe Floyd on why the transition to AI is already over:
“I wouldn’t even call it a transition. The transition already happened. We have to burn the boats and fully commit to this AI future.”
“That means expanding our scope to things we never would’ve backed before, like hardware, infrastructure, and foundation models for robotics.”
“Ten years ago, that wasn’t Emergence’s sweet spot. Today, it has to be.”
“The traditional software model is simply dead. You can’t hire hundreds of sales reps, sell SaaS, and grow 40% a year for a decade anymore.”
“That playbook doesn’t work in this era.”