AI Apocalypse for Software? Why a Top Fund Manager Says 99% of Companies Are Doomed And the Brutal “How” That’s Already Unfolding
A star investor who just crushed 99% of his rivals is ringing the loudest alarm yet on the software industry. Nick Evans, who runs Polar Capital’s $12 billion global technology fund, has dumped almost every application-software stock in his portfolio — including Salesforce, Adobe, ServiceNow, SAP, and HubSpot. His verdict: AI isn’t just disrupting the … Read more