The Great Code Rewrite
David T Phung 🇺🇸@davidtphung
−7.0%
since Oct 3
The idea
I believe every piece of code, on earth and in orbit, eventually gets rewritten from static to dynamic, self-defending software, because AI-driven attacks and spoofing make hand-patched systems too fragile to trust. This basket owns the whole stack of that shift: the pipeline where AI rewrites code, the agentic defense platforms guarding it, the compute running the agents, the identity layer for machine-to-machine trust, and firms modernizing mission-critical systems.
What it owns
- The tools and platforms where AI agents rewrite static code at scale, from initial writing through deployment and monitoring in production. · MicrosoftIt owns GitHub and Copilot, the largest platform through which developers use AI to rewrite code and the repository where the world's code lives., IBMIt sells AI tools that translate the world's oldest static code, mainly COBOL and mainframe systems, toward modern continuous-rewrite architectures., GitLabIt powers the independent pipeline where code gets written, reviewed and shipped with AI agents handling more of each step in the workflow., DatadogIt watches dynamic code as it runs in production, becoming more critical as AI-written code churns faster and requires constant visibility into misbehavior., JFrogIt manages the supply chain of software packages and binaries, checking each artifact for tampering as agents continuously write and ship code.26%
- Security platforms shifting from human-driven alerts to autonomous agents that detect and respond to attacks without waiting for human action. · CrowdStrike HoldingsIts autonomous agents hunt and respond to attacks without human intervention, exemplifying the shift from patched code to self-defending systems., Palo Alto NetworksIt offers consolidated network, cloud and AI-driven security that large companies buy as a unified platform, capturing spending as security becomes agentic., SentinelOneIt built its product around machines responding to attacks at machine speed without human analysts, embodying the autonomous response model at smaller scale., ZscalerIt enforces zero trust where every connection, including agent-to-agent, requires continuous verification, essential as attackers target and spoof agent identities., FortinetIt supplies network security at scale with large installed base and is adding AI capabilities to firewalls, bridging traditional and agentic defense.26%
- The chips and network infrastructure that run the code-rewriting agents, where demand from this shift flows directly through the hardware and connectivity stack. · NVIDIAAgents rewriting and defending code require enormous compute capacity, and it supplies the default chips on which these agents run., BroadcomIt manufactures custom AI chips that hyperscalers design and order to run their own agents, providing an alternative to standard processors., Arista NetworksIt builds the network switches that move data between machines running agents in AI data centers, critical infrastructure beneath every large deployment., Advanced Micro DevicesAs agent compute demand grows, it serves as the credible second source for AI chips, winning real deployments at major cloud providers.21%
- Systems that verify who or what is allowed to write, deploy and run code when agents talk to agents, preventing spoofed or unauthorized access. · CloudflareIt filters real traffic from bots and spoofed requests across a large share of the internet, and provides the platform for running agents at the edge of networks., OktaIt is building identity systems for non-human actors and agents, solving the problem of who or what is allowed to write and deploy code.10%
- Government, defense and space contractors modernizing the oldest and most sensitive static code on the planet into systems that update themselves. · Palantir TechnologiesIt rebuilds military and intelligence software around AI agents that act autonomously, with government and commercial adoption of its AI platform., Booz Allen HamiltonIt contracts with the US government to modernize old systems including code in space and defense, directly executing the government side of the rewrite.8%
- Cash8%