Famed “Big Short” investor Michael Burry made one of his software-sector research reports freely available for Father’s Day on Sunday, outlining the companies he believes are best positioned to navigate the artificial intelligence era and those facing greater disruption risks.
The Substak post, published on May 29, highlighted software stocks including Adobe Inc. (NASDAQ:ADBE) Intuit Inc. (NASDAQ:INTU), Autodesk Inc. (NASDAQ:ADSK) and DocuSign Inc. (NASDAQ:DOCU), separating companies Burry sees as AI winners from those facing greater risks.
Adobe, Autodesk Seen As Better Positioned
According to Burry, Adobe is one of the software companies he believes is better positioned for the AI era, adding that the market has become overly pessimistic about its prospects, as investors worry that generative AI could replace creative software.
“LLMs, no matter how advanced they get at being LLMs, will never beat that creative instinct of a talented human being,” Burry said, citing Adobe’s expanding AI offerings, including Firefly, Firefly Foundry and Acrobat AI, as well as its broad distribution across the OpenAI, Anthropic, Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Microsoft Corp (NASDAQ:MSFT) ecosystems.
