Recent developments in artificial intelligence, particularly the announcement of new AI tools by Anthropic, have led to a significant decline in software and data company stocks, wiping out approximately $300 billion in market value. Traders are expressing growing concerns, reacting to the implications of these advancements on traditional software models. Major companies like Relx and Thomson Reuters have felt the impact, with their shares sinking in response to fears of escalating competition in the legal tech space. Analysts are divided on whether this is a temporary setback or the beginning of a deeper trend, as various sectors struggle under the weight of AI-related anxiety. As stocks from firms like ServiceNow and SalesForce plunge, investors are left pondering whether this presents a buying opportunity or a red flag for the future of the software industry.