It's only been a short time since 2026, and the stock prices of many well-known U.S. listed companies have already experienced significant declines due to the impact of AI. Salesforce, Intuit, Adobe, IBM, CrowdStrike, and even the latest Duolingo. The list is growing longer and the names more prominent, even threatening long-standing giants like MSFT's Office business. Over time, I believe this list will expand further and more companies will decline.



This is the structural dilemma facing the U.S. stock market today. On one hand, the rise of the fourth industrial revolution driven by AI; on the other hand, traditional software and internet companies are being revolutionized and replaced.

Whether it's the S&P 500 or the Nasdaq 100, many former star companies that once looked good and still seem to be doing well are rapidly fading away.

So, which companies do you think will enter a long-term, irreversible decline? Regardless of the overall market, will their stock prices enter a prolonged bear market?
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