Group 1 - Asian software stocks faced downward pressure on Tuesday, continuing the decline seen in the US market, driven by renewed investor anxiety over the impact of AI technology on white-collar salary structures [1][3] - In Hong Kong, the software sector was particularly weak, with Kingdee International experiencing a nearly 10% drop, while AI company SenseTime fell over 6% and Kingsoft dropped about 4%, significantly affecting market sentiment [1] - Japanese IT service giant NEC and Oracle Japan both saw a 6% decline, while SoftBank Group fell by 5%. Australian software stocks also struggled, with Xero down 3%, Technology One down 4%, and WiseTech Global down 3% [3] Group 2 - The recent decline was ignited by a report from Citrini Research warning that technological changes could lead to a competitive decrease in white-collar salaries, causing significant drops in stocks of software giants like Datadog, CrowdStrike, and Zscaler, which fell over 9% in a single day [3] - This is not the first instance of AI-related concerns affecting the market; earlier in February, anxiety over corporate AI capital expenditure plans led to a widespread decline in Asian tech stocks [3] - Current AI anxieties, combined with geopolitical and tariff risks, are triggering a typical flight to safety, lowering global bond yields and increasing gold prices, with expectations of continued volatility in specific tech sub-industries as new AI tools are released [3]