AI Fears Trigger $2T Software Market Reset
The software industry has experienced its most significant non-recession slump in three decades, wiping out an astounding $2 trillion in market value due to widespread investor anxiety over large language models disrupting traditional software. Despite this "SaaSpocalypse" narrative and drastic valuation compression, many software companies maintain robust underlying fundamentals with strong projected growth, suggesting market prices have adjusted more rapidly than business realities.