AI Disruption Fears Trigger Slump in US Software Stocks
What Happened Major US software stocks experienced a significant sell-off this week as advancements in generative AI triggered widespread concern regarding the longevity of the traditional Software-as-a-Service (SaaS) model. The decline was catalyzed by Anthropic’s aggressive push into the enterprise sector and the emergence of specialized AI models capable of automating complex software engineering tasks…

