At this point I think it’s clear to all the mega tech companies are pouring money in to AI investments at an astonishing rate. With that said, very few companies have scaled/monetized anything to see benefit from that investment, but the market has punished segments/companies they deem at risk of becoming obsolete.
For all the hype and growth in some names, the market has been equally as punishing to others. Curious to start a discussion on what segments you feel the AI impact may be overblown in the medium term. For example small/mid digital education platforms (ex: COUR), CRM software (FRSH), and other software types (PATH, U, ASAN, etc) are trading at all time lows for multiple reasons, but in no small part due to threat of AI disruption.
Where do you think the market has it wrong?
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