AI disruption puts focus on long-term value of US equities, Goldman Sachs says
- 2 hours ago
- 1 min read
REUTERS — Investor concerns around AI disruption have been building since Anthropic launched new tools that automate tasks across areas such as marketing and data analytics, raising questions about the pressure such products could put on traditional software providers.
The S&P 500 software and services index has dropped about 17% so far this year, broadly driven by fears that new AI tools could hurt future revenue growth and profit margins.
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