Here's what smart people are saying about a software apocalypse
OpenAI CEO Sam Altman, Nvidia CEO Jensen Huang, and AWS CEO Matt Garman AP and Getty Images Wall Street has cooled a bit after a massive sell-off wiped more than $1 trillion in Big Tech valuations. Recent AI advancements have undermined some investors' faith in established software names. Jensen Huang , OpenAI CEO Sam Altman, and Figma CEO Dylan Field have all weighed in. Big Tech is continuing to bounce back after a brutal sell-off. Wall Street's fears of AI-related disruption drove a sell-off of software stocks after the release of Anthropic's new industry-specific plug-in. Not everyone in finance and tech is sold on the idea that AI is going to kill the software business. From Nvidia's CEO dismissing the concerns, to Zoho's founder acknowledging the industry is "ripe for consolidation," here's what leaders in tech and finance are saying: Jensen Huang Nvidia CEO Jensen Huang Steve Marcus/REUTERS Nvidia CEO Jensen Huang said softwar...
