AI is blowing up one of shadow banking’s biggest bets

Skyline Landscape The stock market has become a hunting ground for future victims of AI, with seemingly daily sell-offs driven by fears that the technology will destroy business models. At the forefront has been a slump in “software as a service” companies attributed to fears that chatbots will soon be able to replicate what they do. Companies ranging from Salesforce, the customer service software maker, to Palantir, the big data giant, have been caught up in the chaos. But it is not just software comp ...