Investor fears that software companies are facing an AI-driven extinction event are exaggerated, but the persistent belief has damaged their stocks for months
and they're terrifiedMelia Russell /Business Insider:Anthropic's latest AI tool was seen by the legal software industry as a ‘shot across the bow.’ Here's what it means.Reuters:‘Software-mageddon’ leaves investors bargain-hunting but waryWall Street Journal:AI Threatens a Wall Street Cash Cow: Financial and Legal DataMichael Acton /Financial Times:Arm CEO Rene Haas says investor fears about AI hurting software companies are a “micro-hysteria” that exceeds the reality of how businesses are using