A lot of attention is given to stocks "benefiting" from AI, but there are also plenty of businesses that will suffer because of it. Specifically, not only will people lose jobs (and in some cases, new jobs will be created), but companies will lose business because of new competition from disruptive AI. This report highlights 20 businesses that could suffer significantly because of AI (i.e. investment returns could be decreased, and stocks could meaningfully underperform expectations, the market and leading AI competitors). Several of the names on this list were absolute "untouchable" powerhouses just a few years ago, but are now feeling the pressure from AI. Enjoy!
For clarity, you can view a “zoom-in-able” PDF link to the report and data here.
