this post was submitted on 04 Feb 2026
79 points (97.6% liked)

Technology

80478 readers
5805 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
79
As software stocks slump, investors debate AI’s existential threat (kfgo.com)
submitted 6 hours ago by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world
3 comments fedilink hide all child comments
 

The latest selloff was triggered by a new legal tool from Anthropic’s Claude large language model (LLM).

The tool – a plug-in for Claude’s agent for tasks across legal, sales, marketing and data analysis – underscored the push by LLMs into the so-called “application layer,” where these firms ‌are increasingly muscling into lucrative enterprise businesses for revenue they need to fund massive investments. If ‌successful, investors worry, it could wreak havoc across a range of industries, from finance to law and coding.

top 3 comments
sorted by: hot top controversial new old
[–] vane@lemmy.world 15 points 4 hours ago* (last edited 4 hours ago) (1 children)

Ah yes "experts" from JPMorgan, they are part of $6.5B position in AI debt.

OpenAI
Oct 07, 2024
$4B
Conventional Debt
Wells Fargo, UBS, Sumitomo Mitsui Banking Corporation, Santander, Morgan Stanley, JPMorgan Chase, HSBC, Goldman Sachs, Citi

Anthropic
May 16, 2025
$2.5B
Conventional Debt
JPMorgan Chase, Citi Ventures, Goldman Sachs, Barclays, RBC Royal Bank, MUFG, Morgan Stanley

[–] whotookkarl@lemmy.dbzer0.com 8 points 4 hours ago

It is curious how business articles never quote labor leaders or people with a larger interest in the commons/public domain than private equity and capital.

[–] XLE@piefed.social 26 points 5 hours ago

Broke: AI will cause an existential threat to humanity (because it's powerful)

Woke: AI will cause an existential threat to its own industry (because it's worthless)