Software stocks show vulnerability to AI

Summary

CNBC's Deirdre Bosa reports on AI's threat to enterprise software. She demonstrates how, without coding, she used AI to build a functioning task dashboard similar to Monday.com and integrated it with Gmail and Google Calendar. She argues that mid-tier software companies are plausibly vulnerable to AI disruption, while security and systems-of-record names like CrowdStrike and Palo Alto Networks are a different class. She also notes the recent software selloff may be indiscriminate, but she is unsure if it is overdone or just starting.

• Deirdre Bosa tests whether AI can replace basic enterprise software tools.
• She builds a working Monday.com-style task dashboard in half an hour using prompts.
• The dashboard integrates with Gmail and Google Calendar despite no coding skills.
• She says mid-tier enterprise software stocks are plausibly vulnerable to AI.
• CrowdStrike and Palo Alto Networks are described as systems of record and security, a different class.
• She notes software selling has been indiscriminate so far.
• She is unsure whether the software selloff is overdone or just getting started.