Anthropic is crashing the stock market with their new legal automation plugin

Anthropic spooked investors, triggering a sharp selloff as markets feared AI could disrupt software-heavy industries like law and finance. The S&P 500 software index dropped nearly 9% in five days, while companies like Thomson Reuters saw shares plunge over 20%

It shows one thing very clearly: Now that AI has reached the real world of work, it will replace countless different SaaS/companies and thus workers.

Source.

@aipost
📈 Anthropic is crashing the stock market with their new legal automation plugin Anthropic spooked investors, triggering a sharp selloff as markets feared AI could disrupt software-heavy industries like law and finance. The S&P 500 software index dropped nearly 9% in five days, while companies like Thomson Reuters saw shares plunge over 20% It shows one thing very clearly: Now that AI has reached the real world of work, it will replace countless different SaaS/companies and thus workers. Source. @aipost 🏮
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