As software stocks face headwinds, Goldman Sachs launches an "AI-Resistant" thematic stock basket
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The company has launched a software sector paired trading basket: going long on companies that are considered difficult to be replaced by artificial intelligence (either because their business requires physical execution, is protected by regulatory barriers, or involves aspects where humans must bear responsibility), while going short on companies whose workflows are increasingly likely to be automated by artificial intelligence or replicated internally. Expand
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