Software ate the world. Now AI is eating software.

Anthropic CEO Dario Amodei at The World Economic Forum in Davos, Switzerland.

Fortune via Reuters Connect

• Anthropic's new legal AI tools rattled software stocks this week.
• Companies could replace legacy software with AI tools built by companies like Anthropic.
• Investors are concerned about the threat of AI disruption to traditional software business models.

In 2011, venture capitalist Marc Andreessen declared "software is eating the world." Today, AI is beginning to devour software.