Hypotheses
What we believe and test.
FEBRUARY 2026
Software is becoming worthless.
Not because it doesn't matter. Because it's a commodity. Every feature can be copied. Every interface can be generated. The moat isn't in the code.
The moat is in data and context.
An AI agent that knows your pricing, your suppliers, your market, your customers. That agent is irreplaceable.
Software is the vehicle. Data is the engine. Context is the fuel.
The future of construction isn't more software. It's less software. More intelligence.