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Software Crash

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Software's Reckoning—When AI Eats Its Parents
Feb 8, 2026

Software's Reckoning—When AI Eats Its Parents

Traditional SaaS giants crumble as AI disrupts software business models. Salesforce down 43%, ServiceNow down 48%, while Anthropic raises $30B. The software-to-AI transition creates clear winners and losers for systematic traders.

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