"The shift has spooked Wall Street. Since October, anxieties over A.I. have erased roughly $3 trillion in market capitalization from software companies, or a third of the value of the S&P 500 index’s software sector. So far this year, shares of Salesforce and ServiceNow have fallen about 30 percent."

https://www.nytimes.com/2026/04/02/technology/ai-silicon-valley-tech-work.html?unlocked_article_code=1.X1A.MZ6z.uKxzzFRYGdbp

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A.I. Could Change the World. But First It Is Changing Silicon Valley.

The tech industry has predicted A.I. will profoundly affect the nature of white-collar work. The industry’s own workers are already getting a taste of that future.

The New York Times