Srinagar, May 13 -- By Faisal Kawoosa

Artificial intelligence has stopped behaving like a future technology. It now functions as an economic force that rewrites business strategy in real time.

Companies that spent decades building market dominance suddenly face challengers that emerge in weeks, scale in months and erase long-standing advantages with startling ease.

Recent events in the tech sector make the shift impossible to ignore.

The launch of Claude Cowork's plugin triggered what many investors called a "SaaSpocalypse," wiping billions from software valuations as markets absorbed a brutal reality.

AI tools can replace large chunks of conventional software faster than executives expected. IBM saw its shares fall 13 percent in a s...