Nvidia CEO on why $200 billion-plus wipe out in global stock markets is purely ‘illogical’

Nvidia CEO Jensen Huang has called fears of AI making software companies obsolete ‘illogical.’ He argues AI will leverage existing tools, not replace them. This comes after AI startup Anthropic’s new plugins for its Claude Cowork tool, particularly for legal work, triggered a massive selloff in global software stocks, wiping out billions.