AI Disrupts Corporate Software Less Than Expected, WSJ Finds
Salesforce and other corporate software companies are disrupted less by AI than expected, according to WSJ research. This is despite the widespread adoption of artificial intelligence in various industries. The study looked at backtested results from TipRanks Smart Score, a strategy that uses historical data to make predictions about future stock performance.
The results showed that AI had a relatively small impact on these companies' stock prices, contradicting expectations that AI would be a major disruptor. This may be because many corporate software companies have already implemented AI in their products and services, making them less susceptible to disruption.