[Market Trends] Long-term AI will 'eat a lot of software', says Melius' Ben Reizes | CNBC Television

                         



📌 AI in Software: Transforming the Competitive Landscape

Ben Reizes from Melius discusses the evolving landscape of AI in software industries, highlighting how OpenAI's new search engine, Search GPT, might change the competitive field. He emphasizes that OpenAI’s substantial following and Microsoft’s backing could make a significant impact this time, unlike previous efforts by Microsoft to rival Google with AI. Reizes also touches on the broader implications for enterprise software, noting the potential for AI to streamline and enhance business processes. Companies like Service Now and Pega are developing industry-specific AI tools to improve operational efficiency, suggesting that businesses heavily investing in AI may see substantial benefits. He concludes that while the immediate effects might not be drastic, AI’s integration into software is a long-term trend that will significantly alter the industry.


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