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[Stock] Gartner: Can AI Kill the Research Giant?
Manage episode 505013374 series 3688486
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The technology research king Gartner is facing its biggest crisis ever as AI threatens to replace human expertise.
With a shocking 50% stock drop this year, investors are questioning whether companies will still pay premium prices for research when ChatGPT can analyze vendors for free.
Yet Gartner's Magic Quadrant still controls billions in corporate tech spending, making this a David vs. Goliath story where David has artificial intelligence and Goliath has 45 years of industry dominance.
The company's aggressive $700 million share buyback suggests management believes the market is overreacting to AI fears.
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