The demand for older vehicles in certain segments is actually increasing

But beyond that, AWS is a very complex platform. Agents simplify saas, the agent itself manages the api calls, maybe the database queries, more of the logic. As software moves into the agent, you need less cloud capability, and a better agent harness/hosting. Essentially, this makes the AWS platform obsolete, most services make much less sense.

I've had to really shift how I think about building code bases, alot of logic can go into claude skills and sub agents. Requires essentially relearning software engineering

But the tragedy is that there is a fixed pie of capital to be allocated, and so when they allocate to people like this, it steals opportunity from someone else

I wont expose the group here, but there's a broad network of technology directors from Amex, that have all been hiring and promoting eachother for 20 years. Very tight nit networks of nepotism, in some cases, brother and sister working together

All that really matters is the Amex brand, and so all the tech was considered back office, and unimportant.

Also, once a company enters some kind of monopoly status, very little matters in the quality of their product.