Software selloff giving you deja vu? We’ve been here before, says Deutsche Bank, when the dotcom bubble burst

Sentiment shifted in the stock market this week as investors began to question the value of corporate software and IT services in an age where artificial intelligence may be able to do the job in-house. But the market hasn’t significantly dropped despite the sell-off, with analysts saying that investors are instead rotating through to other sectors.

This might feel familiar to the more seasoned investor, as it is a flash of deja vu to the late 1990s when the rewards and risks posed by dotcom innovations began trickling through.