AI

Claude CoWork Skills Send Incumbents' Stocks Plummeting

Alloy Newsletter:

Insights into the intersection of AI, Law, and Business.

Anthropic's legal plugin for Claude CoWork sends shares of the legal publishing incumbents spiraling. Pearson dropped by 8% and Thomson Reuters dropped by 18%.

I think the market has to be careful: the same AI tools that can make the moats around incumbents shallower...can be used by the incumbents to make the walls higher.

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