The speaker believes that the traditional objections to retooling, such as the complexity of building something that caters to everyone or the allure of democratizing programming through no-code solutions, are not relevant. They argue that tools like JavaScript and React are not verticalized and are used across various industries, illustrating that a developer tool can be successful without being verticalized. The speaker also dismisses the idea of democratizing programming through no-code solutions, stating that code is the most effective way to build complex software and that trying to reinvent programming visually ultimately requires learning traditional coding languages like Python or JavaScript.