Rowan notes software stocks have fallen almost 70% following the recent realization that AI will impact the software sector.
“But apparently two weeks ago, we discovered that AI is going to impact software and we've been in a massive risk off mode. And so software stocks are down almost 70%.”
Rowan notes software stocks are down almost 70% after markets recently realized AI's impact on the sector.
“But apparently two weeks ago we discovered that AI is going to impact software and we've been in a massive risk off mode and so software stocks are down almost 70%.”