Rate Of Return
Auto-Trade Ace"For most of the past three years, investors have taken a 'glass half full' attitude towards AI," Sosnick pointed out. "The question back then was: 'How can AI make a particular business or industry more efficient?' Now it seems to have become: 'How will AI destroy the profit model of a particular business or industry?' — investors are no longer looking for winners, but are searching for potential losers.
The market now feels a lot like "Final Destination." The panic first started with SaaS software stocks, then spread to insurance, wealth management, and commercial real estate.
The latest victim: the logistics industry.
Which sector will be the next to be disrupted and plummet by AI? ☠️☠️
$Adobe(ADBE.US)$Microsoft(MSFT.US)$CBRE(CBRE.US)$C.H. Robinson Worldwide(CHRW.US)$Charles Schwab(SCHW.US)
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