JPMorgan Chase: The market is overly concerned about AI, now is the best time to buy high-quality software companies at the bottom.

J.P. Morgan Chase said that the market's reaction to softening is excessive. "Now, investors who are willing to ignore the disruptions may be facing one of the best entry points for quality software companies in recent years." Analysts at J.P. Morgan Chase pointed out in a recent report that the market is pricing in a disaster that may not occur for several years. J.P. Morgan Chase believes that artificial intelligence will not fully replace enterprise software until after 2028. Current tools are only helping with workflows, not replacing them. While this concern is valid, the timeline set by investors is not realistic.