S&P: AI Disruption Won't Trigger Wave of Software Industry Rating Downgrades

S&P Global states that the disruption caused by artificial intelligence (AI) to the software industry is unlikely to trigger a wave of credit rating downgrades, despite market concerns. “Many investors compare the pace of rating actions to that during the COVID-19 pandemic; however, the current environment is different from the pandemic period,” the rating agency said. “The current environment reflects structural technological evolution rather than sudden macroeconomic shocks.”

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