Bloomberg’s chart didn’t predict a collapse. It recorded one. Bank of America flagged 26 companies at risk from AI. Most only saw nine. The rest were hidden behind paywalls and terminals. We found all 26. The pattern is clear.
“Agentic AI deployments could displace workers as early as 2H25 across industries, such as contact centers, software engineering and marketing,” Bank of America warned. https://www.thestreet.com/investing/bank-of-america-reveals-top-technology-stock-pick-for-2025
“Revenue multiples and growth expectations remain below 5-year median and pre-Covid levels.” https://www.thestreet.com/investing/bank-of-america-reveals-top-technology-stock-pick-for-2025
“Small-cap stocks remain very attractively valued but may take a while before they start to work.” https://www.morningstar.com/stocks/august-2025-stock-market-outlook-where-we-see-investing-opportunities
“We bypass trade noise and focus on early moves in prediction markets, lesser-known August macro trends, a guide to the hot LatAm equity markets…” https://business.bofa.com/en-us/content/market-strategies-insights.html
No one breaks down the damage by sector. No map shows which companies are bleeding, pivoting, or frozen. The chart shows underperformance. The story skips the autopsy.
Here’s the full list:
ADP
Paychex
Robert Half
ManpowerGroup
Upwork
Fiverr
2U Inc
Chegg
Coursera
ZoomInfo
RingCentral
Zendesk
Freshworks
DocuSign
Dropbox
Box
Smartsheet
Asana
Monday.com
Atlassian
GitLab
HubSpot
Salesforce
ServiceNow
Workday
Automatic Data Processing
Salesforce, HubSpot, GitLab, Monday.com, Asana — all hailed as AI winners. All on the risk list. All underperforming. All exposed.
Freelancers say Upwork is dying. Clients want AI to do their work.
“I used to get 10 to 15 gigs a week on Upwork. Now it’s like 2 to 3, and half the clients want AI to do the job anyway.” https://www.reddit.com/r/freelance/comments/1c9xk9k/upwork_is_dying_and_ai_is_killing_it/
Students say Chegg’s AI tutor is worse than useless.
“Chegg’s new AI tutor is trash. It gives wrong answers and still costs more. I’m switching to Discord study groups.” https://www.reddit.com/r/college/comments/1c7zv9e/chegg_ai_tutor_is_worse_than_nothing/
Reddit freelancers report 60 to 80 percent drop in incoming work since May. Chegg’s earnings cratered. Coursera is shifting to enterprise clients. GitLab’s AI features lag open-source options. Zendesk’s churn is accelerating. DocuSign’s growth stalled.
Bank of America says AI risk hits in the second half of 2025. Bloomberg’s chart shows it already hit in the second quarter.