AI is indeed coming – but there is also evidence to allay investor fears | AI (artificial intelligence)

Investors are reassessing the value of companies in software, wealth management, legal services, and logistics due to the advancements in AI.
AI technologies, such as Anthropic’s Claude Opus 4.6 and OpenAI’s Codex 5.3, are provoking concerns about AI’s potential to displace white-collar jobs and reduce the profits of established firms.
The essay by AI entrepreneur Matt Shumer entitled “Something big is happening” further fueled fears of widespread job losses, going viral and causing significant concern.
Big tech firms, known as AI “hyperscalers,” plan to invest a colossal $660 billion in AI this year, raising concerns about a spending bubble.
Questions surround the potential revenue these AI model-builders can generate to justify such massive investments, particularly as the global software sector’s projected revenue is only $780 billion this year.
The impact of AI on companies has been mixed, with some citing AI as a reason for job cuts while there has not been a broad disruption yet.
Some experts believe the fears are a reaction based on sentiment rather than evidence, and the true impact of AI adoption will take time to observe.
The entry of new AI models and the scale of investment by AI “hyperscalers” create an atmosphere of uncertainty and competition, described as a strong “winners versus losers” dynamic.