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Bridgewater Associates: Artificial Intelligence Is Causing a Survival-Level Impact on Traditional Established Software Companies
Golden Finance reports that on April 28th, the world’s largest hedge fund, Bridgewater Associates, released a report comparing the current situation to the industry upheaval of the 1990s, with established software companies now facing similar survival threats. The report states: “With the official launch of the new Claude Code model, industry newcomers have posed a survival crisis for leading companies, just as Amazon impacted Barnes & Noble back in the day.” Since the beginning of this year, the S&P 500 Software and Services Index has fallen approximately 17%. (Dongxin News Agency)