Feb 4, 2026 – 5.06pm
Daniel Petre has invested millions of dollars in software companies over the years. Now, with markets worried that rapid advances in artificial intelligence will all but wipe out their growth, the veteran venture capitalist is the first to warn that there will be plenty of casualties.
Or, as he describes it, “roadkill”. With every new announcement outlining new tasks that AI platforms can automate – the latest was Anthropic’s Claude, which can apparently replicate the work that specialist legal software does – technology stocks look deeper into the abyss.
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