Feb 10 : Concerns that artificial intelligence could disrupt large parts of the software industry have started to spill into credit markets, Morgan Stanley warned, as software accounts for about 16 per cent, or $235 billion, of the $1.5 trillion U.S. loan market. WHY IT'S IMPORTANT Financial markets, juiced for months with investor enthusiasm about the AI trade, were jolted last week as global software stocks sank on worries that fast-advancing AI tools could disrupt the industry. CONTEXT