Concerns over the impact of artificial intelligence on the software sector could hit the $1.5tn US loan market, according to a report by Reuters citing Morgan Stanley. The bank said software represents around 16% of the US loan market, equivalent to roughly $235bn.
Recent volatility in global software equities, driven by fears that rapid advances in AI tools could disrupt established business models, has raised questions about potential knock-on effects in credit.
Morgan Stanley noted that a si...
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