Rates are up, which makes it less attractive to borrow. I believe they re-did the tax rules on R&D to be less favorable to software development. It seems most l

Rates are up, which makes it less attractive to borrow. I believe they re-did the tax rules on R&D to be less favorable to software development. It seems most large companies expect a large stock drop and recession in the next year or 2. Everywhere is pushing for higher productivity and efficiency. The belief is AI will boost productivity through Copilot and stuff.