Cognition CEO Scott Wu on acquiring Windsurf, AI replacing engineers, and the Moneyball-ification of everything

Bullish:

• $SOFTENG - The demand for software engineers is expected to increase significantly with the advancement of AI, as their role evolves to work alongside AI technologies.

  • “I think if anything, we will have way more software engineers, not fewer.”

    Scott·40:14
• $AIAGENTS - There is a strong belief that Artificial General Intelligence (AGI) already exists, indicating significant advancements in AI agent technology.

  • “I think we have AGI.”

    Scott·45:27
• $AICODING - The potential for AI in coding and software development is vast, with years of product progress possible even without new AI models or research.

  • “I think there's actually a bit of lag with product, I would say, where, you know, I think you could freeze all the capabilities today and have no new models and no new research come out, and there would still be like a whole decade of product progress to make.”

    Scott·44:41
• $AIINFRA - Companies are focusing on building economic infrastructure to support the growing AI industry, indicating potential growth in AI-related infrastructure investments.

  • “At Stripe have been thinking a lot about building the economic infrastructure for AI and what is required.”

    John·31:18