Goldman Sachs analyst bets AI will give software companies a 'rebirth'

AI isn't killing software — it's giving it a "rebirth." "AI is going to work with software, and it's going to be a force multiplier for software," Goldman Sachs analyst Kash Rangan told Yahoo Finance at the firm's annual Communacopia + Technology conference on Monday. He likened today's AI moment to the rise of the web browser in the 1990s, which many thought would destroy existing software. Instead, it became a front end that expanded the industry. Today, Rangan believes the use of software will be even ...