AI“淘汰焦虑”愈演愈烈！华尔街如今的交易逻辑：只要怕被AI替代，先抛了再说

Core Viewpoint - The market is experiencing heightened anxiety regarding the potential disruption caused by artificial intelligence (AI), leading to significant stock sell-offs across various sectors, particularly those perceived to be at risk of being replaced by AI technologies [1][3][4]. Group 1: Market Reactions - A recent sell-off was triggered by the launch of a tax strategy tool by Altruist Corp, resulting in stock price declines of over 7% for major firms like Charles Schwab, Raymond James, and LPL Financial, marking some of the largest single-day drops since last April [3]. - The market sentiment has shifted from seeking AI winners to rapidly withdrawing from any companies that exhibit even a slight risk of being replaced by AI [8]. - The introduction of AI products has led to widespread panic, with significant declines in stock prices across software, financial services, asset management, and legal services sectors [9][10]. Group 2: Industry Perspectives - Gabelli Funds manager John Belton noted that companies facing potential disruption are experiencing indiscriminate sell-offs, reflecting a broader market fear [4]. - The software industry is particularly affected, with AI companies like Anthropic launching new tools that have caused stock prices to plummet across multiple sectors [9]. - There is skepticism regarding the market's rapid shift from fearing an AI bubble to fearing its disruptive potential, with some experts suggesting that the actual impact of technological disruption often unfolds more slowly than anticipated [11][12]. Group 3: Future Outlook - The future of AI technology adoption remains uncertain, with historical challenges in the banking sector from cryptocurrencies and electronic services failing to disrupt its dominance [10]. - Experts caution against premature conclusions about AI's impact, emphasizing that the AI revolution is still in its early stages and that the market is eager to make judgments without sufficient evidence [13].