Software stocks are tumbling as investors confront whether artificial intelligence represents an existential threat to traditional business models. The sector faces margin compression, business model disruption, and uncertainty about whether incumbents can successfully transition to AI-powered services.
New survey data reveals blue-collar workers are significantly more optimistic about AI than white-collar professionals, with 58% seeing positive impacts versus 42% of office workers. This unexpected confidence gap challenges assumptions about automation's impact across different employment sectors.
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