Last week saw a sell-off in software stocks, Monday in insurance brokerages, and Tuesday in wealth management. Altruist launched an AI tool for developing tax strategies on Tuesday, directly targeting the core business of traditional wealth management companies, causing Charles Schwab to plummet. Insurance brokerage stocks experienced a similar plunge on Monday after Insurify launched its new tool, with the S&P 500 Insurance Index falling nearly 4%. Last week, Anthropic's tool triggered a sell-off in software stocks. Who will be the next victim of AI? The market often behaves this way: a new trend immediately triggers extremely pessimistic expectations for older products, leading to a retreat followed by a pause to consider which products will truly have an impact, how significant that impact will be, and which might be mistakenly sold off.