Amid Software Stock Slump, Investors Debate AI's Existential Threat

Investors were assessing on Wednesday whether a selloff in global software stocks this week had gone too far, as they weighed if businesses could survive an existential threat posed by artificial intelligence.

The answer: It's unclear and will lead to volatility.

After a broad selloff on Tuesday that saw the S&P 500 software and services index fall nearly 4 percent, the sector slipped another 1 percent on Wednesday.

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