①After the American AI startup Anthropic released its enterprise legal AI tool, the share prices of legal software and publishing companies plummeted, with RELX Plc's U.S.-listed shares falling by approximately 14%; ②AI poses a threat to the business models of the media and information industries, affecting credit reporting agencies like Experian Plc, financial software companies such as LSEG, and Thomson Reuters.
Cailian Press News, February 3 (Edited by Zhao Hao) — AI application software stocks, considered to be the most vulnerable to disruption by artificial intelligence (AI), fell significantly again on Tuesday following the release of a new tool by Anthropic, a U.S.-based AI startup.
Following the release of this AI productivity tool targeting corporate legal teams, legal software and publishing companies were hit the hardest. As of press time, $RELX PLC (RELX.US)$ The U.S. stock market fell approximately 14% in early trading.$Wolters Kluwer NV Sponsored ADR (WTKWY.US)$The decline exceeded 11%.
Market nervousness quickly spread to other AI-sensitive sectors. Experian Plc, a credit reporting agency listed in London, fell by approximately 8%; the London Stock Exchange Group (LSEG), a financial software company, dropped over 8%; and Thomson Reuters' U.S.-listed shares fell more than 11%.
Traders are increasingly wary of the threats posed by AI to the business models of the media and information industries.
Last week, SAP SE, traded on the US stock market, $SAP SE (SAP.US)$ fell 13% after the German enterprise management software provider issued weak earnings guidance, intensifying investor concerns that AI programming tools could disrupt the enterprise software industry.
According to Anthropic, its new tool can automate multiple legal tasks, including contract review, classification and processing of non-disclosure agreements (NDAs), drafting briefs, and generating templated responses.
However, the company also cautioned that the plugin does not provide legal advice. "AI-generated analyses should be reviewed by licensed attorneys before being used for legal decision-making."
For publishing enterprises, the risk of AI substitution is not limited to legal services. OpenEvidence, a free generative AI tool for integrating medical research, has become the latest challenger to Wolters Kluwer's clinical decision-making products.
Notably, a similar situation occurred last Friday when Google DeepMind launched Project Genie, sparking market concerns that the AI tool could disrupt the gaming industry, leading to declines in $Unity Software (U.US)$ as well as a collective downturn among numerous gaming companies.
At the time, Dylan Becker, an analyst at William Blair, commented: 'This price reaction further demonstrates the market sentiment of a 'shoot first, ask questions later' type of panic amid AI uncertainty, which has been weighing on the entire software sector in recent months.'
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Editor/Stephen
