AI Crushes $3 Trillion Market! Software in Crisis?
Could artificial intelligence trigger a $3 trillion market crisis? New AI tools from Anthropic are directly threatening the business models of software companies, a sector heavily reliant on private credit. This has sent shockwaves through major asset managers, with shares of Ares Management, Blue Owl Capital, and KKR plummeting as investors fear rising default risks. While some strains in private credit predate AI concerns, this disruption adds a significant new layer of uncertainty to an already stressed market. Could default rates skyrocket to a devastating 13%? Subscribe now to stay ahead of the curve.
Tags/Hashtags: #ai #kkr #anthropic #kkr #tpg #blackrock
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