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38 As Software Stocks Slump, Investors Debate AI's Existential Threat

Slashdot
msmash @ Slashdot 1 place · today 13:09 EDT

As Software Stocks Slump, Investors Debate AI's Existential Threat

Investors were assessing on Wednesday whether a selloff in global software stocks this week had gone too far, as they weighed if businesses could survive an existential threat posed by AI. The answer: It's unclear and will lead to volatility. From a report: After a broad selloff on Tuesday that saw the S&P 500 software and services index fall nearly 4%, the sector slipped another 1% on Wednesday. While software stocks have been under pressure in recent months as AI has gone from being a tailwind for many of

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