AI Growth Stocks: A Portfolio Manager’s Satirical Reflection
Artificial intelligence, that seductive sorceress of efficiency, promises to do more with less. Large language models (LLMs), conjured by the likes of OpenAI, Microsoft, Alphabet, and Meta Platforms, offer enterprises a new technological foundation. Salesforce and Adobe, once architects of their respective domains-customer relationship management (CRM) and creative design-now face an existential quandary. If users can accomplish more with fewer subscriptions, what becomes of the SaaS empire built upon ever-expanding user bases?