Wall Street Is Dumping Stocks Seen as Vulnerable to AI
Get caught up.
Starting with a new product from Anthropic that slammed business software makers, the week has seen more industries suffer from the threat of artificial intelligence-driven irrelevance.
Photographer: Riccardo Milani/AFP
They’re dropping like flies. Businesses and products seen as susceptible to sudden irrelevance courtesy of artificial intelligence are—one by one—being laid low by Wall Street.
Business software. Tax planning and wealth management. Now real estate services. Companies in this latest sector saw their stocks sink today as investors decided they’re next on the AI hit parade as a new crop of applications and tools threatens to disrupt several industries.