Nassim Taleb, the author of 'The Black Swan,' warns that as the AI-driven market rally enters a fragile phase, volatility in the software industry will intensify, and some companies may face bankruptcy. He believes the market underestimates structural risks and overestimates the durability of AI leaders. While AI will generate huge profits, history shows that early pioneers are often replaced. Taleb points out that technological instability, increased competition, and geopolitical shifts are reshaping the industry, with a high risk of bankruptcy for some software companies.
