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Express News | Amid Growing Concerns Over Software Stocks, Goldman Sachs Launches 'AI-Resilient' Thematic Equity Basket
As software stocks face growing concerns, Goldman Sachs has launched a basket of stocks themed around 'resistance to AI substitution.'
Goldman Sachs has introduced a new customized equity basket designed to address the increasing volatility in the software sector, betting on companies deemed more resilient to artificial intelligence disruption. The firm has launched a paired trading basket for the software sector: going long on companies considered difficult to replace by artificial intelligence—either because their operations require physical execution, are protected by regulatory barriers, or involve responsibilities that must be assumed by humans—while shorting those whose workflows may increasingly be automated or internally replicated by artificial intelligence. On the long side, Goldman Sachs favors companies that can directly benefit.