Private equity's big bet on software was derailed by AI

Smallest violin for those shutting down R&D only to extract the max $ value from existing user bases, vultures loading companies with debt to grind them into a husk then sell them. PE is doing great and is currently reducing the quality of nearly everything it touches, from your previously favorite vet and dentist to the previously mom and pop a/c repairman fixing your air conditioner. All zombies now part of the host.