Hey! You’ve been keeping up with how AI is changing the world, right? Turns out, it’s not just the future—it’s already reshaping financial markets, and way faster than experts predicted.
Just look at Nvidia—now the world’s most valuable company with a market cap nearing $4.5 trillion. Startups like OpenAI and Anthropic are raking in tens of billions in funding. But it’s not all good news: many companies are already facing brutal competition from AI, and investors are scrambling to adjust their strategies.
Who’s at Risk?
Bank of America identified 26 companies that could take a serious hit from AI, including:
Wix (website builder)
Shutterstock (stock images)
Adobe (graphic software)
Since mid-May, their stocks have underperformed the S&P 500 by 22%. Why? Because AI can now do the same things faster and cheaper. For example, Coca-Cola used AI-generated images in its ad campaigns instead of human designers.
"We thought the disruption would take five years, but it looks like it’ll only take two," says Daniel Newman, CEO of Futurum Group.
Even Gartner (research and advisory) recently saw its stock plunge 30% after cutting revenue forecasts. Analysts suspect clients may switch to cheaper AI-powered alternatives.
But Not Everyone Is Losing—Some Are Thriving
Duolingo doubled its stock price over the past year by integrating AI into language learning. Nvidia dominates the AI chip market, while Microsoft, Meta, Alphabet, and Amazon are set to invest $350 billion this year in AI development.
The Big Question
If AI is already shaking up markets this much, who’s next? Could it be your job? Or a company you’ve invested in? Who do you think AI will disrupt in the next couple of years?