NASDAQ 100 · Disruption Assessment
| TICKER | COMPANY | SECTOR | RISK ▼ | ASSESSMENT |
|---|---|---|---|---|
| ADBE | Adobe Inc. | Technology | 5/5 Very High | Adobe is among the most AGI-vulnerable large-cap companies: its tools serve knowledge workers who are directly in AGI's crosshairs, and AI already generates the creative outputs those tools produce. |
| CTSH | Cognizant Technology Solutions | Technology | 5/5 Very High | Cognizant faces existential AGI risk as a company whose entire business model is selling human knowledge workers to enterprises -- precisely the labor that AGI is purpose-built to replace at near-zero marginal cost. |
| INTU | Intuit Inc. | Technology | 5/5 Very High | Intuit is arguably the single most AGI-vulnerable large-cap company — every product exists to automate knowledge work that AGI performs natively, and its core customer base of small businesses and freelancers faces severe AGI disruption. |
| MSTR | MicroStrategy (now Strategy) | Technology | 5/5 Very High | MicroStrategy's BI software faces near-total AGI obsolescence, but the company has effectively pivoted to being a leveraged Bitcoin vehicle, making the AGI risk assessment secondary to cryptocurrency risk assessment. |
| TEAM | Atlassian Corporation | Technology | 5/5 Very High | Atlassian is the textbook 'self-serving IT' company - its entire product suite exists to help knowledge workers (especially software developers) collaborate, and AGI threatens to eliminate both the need for those workers and the tools they use. |
| TRI | Thomson Reuters Corporation | Technology | 5/5 Very High | Thomson Reuters faces very high AGI disruption risk — its entire business model is providing software tools to knowledge workers (lawyers, accountants, compliance officers) performing exactly the cognitive tasks that AGI can automate, making both the tools and the workers potentially obsolete. |
| WDAY | Workday, Inc. | Technology | 5/5 Very High | Workday faces very high AGI disruption risk — its core HCM product exists to manage human employees, and its per-employee pricing model would collapse proportionally with AGI-driven workforce reduction, making it one of the most directly threatened SaaS companies. |
| APP | AppLovin Corporation | Technology | 4/5 High | AppLovin is a digital ad-tech middleman serving mobile app developers - a business model with high exposure to AGI both through direct competition from larger AI platforms and through the potential shrinking of its customer base of app developers. |
| BKNG | Booking Holdings | Consumer Discretionary | 4/5 High | Booking Holdings faces high AGI disruption risk as an information intermediary whose core value proposition -- aggregating and comparing travel options -- is precisely the kind of task AGI agents would handle natively, though its massive supply network and leisure travel demand provide some buffer. |
| CSGP | CoStar Group, Inc. | Real Estate | 4/5 High | CoStar faces high AGI risk from a dual threat: its data/analytics products could be replicated by AGI, and its core customer base of CRE knowledge workers could be dramatically reduced, compounded by AGI-driven remote work reducing commercial real estate demand. |
| DDOG | Datadog, Inc. | Technology | 4/5 High | Datadog faces high AGI disruption risk as a company whose core value proposition -- helping human engineers understand and manage systems -- becomes less relevant when AGI can manage those systems autonomously, compounded by its heavy exposure to self-serving IT customers. |
| FTNT | Fortinet, Inc. | Technology | 4/5 High | Fortinet faces high AGI disruption risk because cybersecurity is fundamentally an IT-serving-IT business, and AGI threatens both the tools and the human analysts that drive demand for network security products. |
| MSFT | Microsoft | Technology | 4/5 High | Microsoft faces a paradox: its largest revenue streams serve knowledge workers who AGI could eliminate, but its strategic investments position it as a potential AGI platform owner — making it simultaneously one of the most threatened and most advantaged companies. |
| PAYX | Paychex | Industrials | 4/5 High | Paychex's entire business model is predicated on employers having employees to pay — if AGI significantly reduces the knowledge-worker workforce, Paychex's addressable market shrinks proportionally. |
| PLTR | Palantir Technologies | Technology | 4/5 High | Palantir's analytics platform faces direct AGI substitution risk, but its AIP pivot and government defense relationships create a plausible path to relevance — the company is making the right moves but faces existential competitive pressure from much larger AGI platform players. |
| ROP | Roper Technologies, Inc. | Technology | 4/5 High | Roper faces high AGI disruption risk because its dominant software portfolio serves knowledge workers in law, accounting, and insurance — exactly the professions most vulnerable to AGI displacement, which would collapse its per-seat revenue model. |
| SNPS | Synopsys, Inc. | Technology | 4/5 High | Synopsys faces high AGI disruption risk because its core EDA business is tooling for knowledge workers (chip designers) who could be directly replaced by AGI — though near-term AI-augmented chip design is a significant tailwind. |
| VRSK | Verisk Analytics, Inc. | Industrials | 4/5 High | Verisk faces high AGI disruption risk because its analytics serve knowledge workers (actuaries, underwriters) performing exactly the statistical modeling tasks AGI excels at, though its proprietary industry-wide datasets provide a meaningful but potentially erodible moat. |
| ZS | Zscaler, Inc. | Technology | 4/5 High | Zscaler faces high AGI risk — it sells to IT security teams that could be automated away and protects workloads that could be eliminated, though the AI-intensified threat landscape and need for AI agent security provide meaningful but uncertain counterweights. |
| ADP | Automatic Data Processing, Inc. | Industrials | 3/5 Moderate | ADP faces moderate AGI risk through potential employment reduction (reducing per-employee revenue) and HR automation, but its regulatory compliance moat, massive client base across all industries, and data advantages provide meaningful resilience. |
| ADSK | Autodesk, Inc. | Technology | 3/5 Moderate | Autodesk faces moderate AGI risk - its tools serve knowledge workers (architects, engineers) who could be partially displaced, but the physical-world constraints and regulatory requirements of its output provide more protection than purely digital creative tools. |
| CDNS | Cadence Design Systems | Technology | 3/5 Moderate | Cadence faces a dual-edged AGI dynamic -- booming AI chip demand drives near-term growth, but the long-term risk that AGI could automate away the chip design engineers who are its core users creates genuine moderate-risk uncertainty. |
| CRWD | CrowdStrike Holdings, Inc. | Technology | 3/5 Moderate | CrowdStrike faces the classic dual-use AGI dilemma -- AGI simultaneously escalates the threats that drive security demand AND could commoditize security solutions, with the net effect being moderate risk offset by the non-discretionary nature of cybersecurity. |
| CSCO | Cisco Systems, Inc. | Technology | 3/5 Moderate | Cisco occupies a split position -- its networking hardware business benefits enormously from AI data center buildouts, but its software, services, and collaboration tools face meaningful AGI disruption risk from autonomous network management and leaner IT organizations. |
| DASH | DoorDash, Inc. | Technology | 3/5 Moderate | DoorDash faces moderate AGI risk primarily from autonomous delivery disruption and AI agent disintermediation, but its physical last-mile logistics network, massive marketplace scale, and potential to adopt autonomous delivery itself provide meaningful resilience. |
| EA | Electronic Arts Inc. | Consumer Discretionary | 3/5 Moderate | EA faces moderate AGI risk from a dual dynamic: AGI could dramatically reduce its development costs but also lower barriers to entry and potentially create AI-generated entertainment alternatives that challenge the traditional packaged/live-service game model. |
| GOOG | Alphabet Inc. (Class C) | Technology | 3/5 Moderate | Same fundamental risk profile as GOOGL - a leading AGI developer whose cash-cow search business is paradoxically most threatened by the very technology it pioneers; Class C shares add governance risk with no voting rights during this critical transition. |
| GOOGL | Alphabet Inc. (Class A) | Technology | 3/5 Moderate | Alphabet is uniquely positioned as both a top AGI developer and a company whose core search advertising business is directly threatened by AGI - the outcome hinges on whether it can successfully cannibalize itself. |
| INTC | Intel Corporation | Technology | 3/5 Moderate | Intel is in a paradoxical position — semiconductors are essential for AGI, but Intel's specific product mix (x86 CPUs) is on the wrong side of the compute architecture shift, earning moderate risk despite being a chipmaker. |
| MAR | Marriott International, Inc. | Consumer Discretionary | 3/5 Moderate | Marriott faces moderate AGI risk primarily through business travel decline — virtual meetings powered by AGI could reduce corporate travel demand, but leisure travel resilience and the irreplaceable physical hotel experience provide meaningful protection. |
| MELI | MercadoLibre, Inc. | Consumer Discretionary | 3/5 Moderate | Mercado Libre faces moderate AGI risk — its marketplace and fintech platforms could be disrupted by AGI-powered alternatives, but its physical logistics network and Latin American market positioning provide substantial protection. |
| META | Meta Platforms | Technology | 3/5 Moderate | Meta is uniquely positioned as both a top AGI threat target (attention economy) and a top AGI beneficiary (leading AI lab), making it a moderate risk with high optionality. |
| NFLX | Netflix | Consumer Discretionary | 3/5 Moderate | Netflix serves a fundamental human need (entertainment) that AGI won't eliminate, but AGI-generated content could radically reshape the competitive landscape, making Netflix's outcome dependent on whether it leads or follows the transition. |
| PANW | Palo Alto Networks | Technology | 3/5 Moderate | Palo Alto Networks faces a balanced AGI risk/reward profile — AGI threatens its human-analyst-centric tools but simultaneously creates more sophisticated threats that demand more advanced (and more automated) security solutions. |
| QCOM | Qualcomm Incorporated | Technology | 3/5 Moderate | Qualcomm faces moderate AGI risk — its physical chip and wireless modem businesses are resilient, but its engineering moat could erode if AGI trivializes chip design, and its licensing model faces pressure if AGI designs around existing patents. |
| SHOP | Shopify Inc. | Technology | 3/5 Moderate | Shopify faces moderate AGI risk — while its software platform could theoretically be replaced by AGI agents, its growing payments and fulfillment infrastructure anchors it in physical commerce, and AGI could actually expand the merchant population. |
| STX | Seagate Technology Holdings plc | Technology | 3/5 Moderate | Seagate faces moderate AGI risk — its physical storage hardware is needed more than ever for AI data lakes, but heavy dependence on IT/cloud customers and the possibility of AGI-driven storage technology breakthroughs create meaningful uncertainty. |
| TTWO | Take-Two Interactive Software, Inc. | Consumer Discretionary | 3/5 Moderate | Take-Two faces moderate AGI risk — its blockbuster IP franchises provide resilience, but AGI could simultaneously slash development costs (positive) and flood the market with competing AI-generated content (negative), creating an uncertain net effect. |
| WBD | Warner Bros. Discovery, Inc. | Consumer Discretionary | 3/5 Moderate | Warner Bros. Discovery faces moderate AGI risk — its premium IP and sports rights provide resilience, but AGI-generated content threatens to flood the market, its news operation faces direct disruption, and heavy debt constrains its ability to adapt. |
| WDC | Western Digital Corporation | Technology | 3/5 Moderate | Western Digital faces moderate AGI risk — its physical storage products are needed more than ever for AI workloads, but customer concentration in IT/cloud and the possibility of AGI-driven storage technology breakthroughs create meaningful uncertainty. |
| AAPL | Apple Inc. | Technology | 2/5 Low | Apple's physical hardware ecosystem and massive consumer installed base provide strong insulation from AGI disruption, though the company must navigate a potential shift from app-centric to AI-agent-centric computing interfaces. |
| ABNB | Airbnb, Inc. | Consumer Discretionary | 2/5 Low | Airbnb's physical-world marketplace for accommodations is largely insulated from AGI disruption, with AI serving as a tool to enhance rather than threaten the platform. |
| AMD | Advanced Micro Devices, Inc. | Technology | 2/5 Low | AMD is a net beneficiary of AGI development - it sells the physical hardware that AI systems require, and demand for compute only increases as AI capabilities grow. |
| AMZN | Amazon.com, Inc. | Consumer Discretionary | 2/5 Low | Amazon's physical logistics empire and cloud infrastructure both benefit from AI advancement, with AWS positioned as critical AI infrastructure and e-commerce protected by tangible delivery networks. |
| ARM | Arm Holdings plc | Technology | 2/5 Low | Arm's chip architecture IP is foundational infrastructure for all computing including AI - it collects royalties on processors regardless of what tasks they perform, making it a structural beneficiary of AGI-driven compute proliferation. |
| AVGO | Broadcom Inc. | Technology | 2/5 Low | Broadcom is one of the clearest 'pick and shovel' beneficiaries of AGI, supplying the custom silicon and networking hardware that AGI systems require to function, with only modest risk to its enterprise software segment. |
| CHTR | Charter Communications | Telecommunications | 2/5 Low | Charter Communications is well-insulated from AGI disruption as a physical infrastructure provider of the broadband connectivity that AGI systems fundamentally require to reach end users. |
| CMCSA | Comcast Corporation | Telecommunications / Media | 2/5 Low | Comcast's dominant broadband infrastructure business is a clear AGI beneficiary that anchors the company, while its media/entertainment segment faces moderate but manageable AI disruption to content creation and advertising models. |
| CPRT | Copart, Inc. | Consumer Discretionary | 2/5 Low | Copart's combination of irreplaceable physical yard infrastructure, insurance industry relationships, and a vehicle salvage market driven by accidents and weather makes it highly resilient to AGI disruption. |
| CTAS | Cintas Corporation | Industrials | 2/5 Low | Cintas is one of the most AGI-resilient businesses imaginable -- you cannot digitize uniform laundering, restroom servicing, or fire extinguisher maintenance, and its customer base is overwhelmingly physical-world industries. |
| GEHC | GE HealthCare Technologies Inc. | Health Care | 2/5 Low | GEHC makes physical medical devices for an AGI-resilient industry, and AI integration makes its products more valuable — low disruption risk with meaningful upside from AGI-enhanced diagnostics. |
| GILD | Gilead Sciences, Inc. | Health Care | 2/5 Low | Gilead makes physical drugs for biological diseases that AGI cannot cure through software — low disruption risk with potential AGI upside in accelerated drug discovery. |
| HON | Honeywell International Inc. | Industrials | 2/5 Low | Honeywell is a diversified industrial conglomerate whose physical products serve physical industries — low AGI disruption risk with upside from embedding AI into its hardware platforms. |
| INSM | Insmed Incorporated | Health Care | 2/5 Low | Insmed makes physical drugs for rare diseases that AGI cannot treat through software — very low disruption risk with potential upside from AGI-accelerated drug discovery and patient identification. |
| KLAC | KLA Corporation | Technology | 2/5 Low | KLA is a premier AGI beneficiary — its semiconductor inspection equipment becomes more critical as AGI drives demand for advanced chips, and its physical instruments at nanometer scale cannot be digitally replicated. |
| LRCX | Lam Research Corporation | Technology | 2/5 Low | Lam Research is a premier AGI beneficiary — its etch and deposition equipment is physically essential for manufacturing the chips that AGI runs on, and advanced nodes only increase equipment intensity. |
| MCHP | Microchip Technology | Technology | 2/5 Low | Microchip's deep physical-world embedding in automotive and industrial chips makes it largely resilient to AGI disruption, with potential upside from edge AI proliferation. |
| MRVL | Marvell Technology, Inc. | Technology | 2/5 Low | Marvell is directly aligned with AGI infrastructure build-out — its custom silicon, networking, and electro-optics products are essential components of the data centers that AGI runs on. |
| NXPI | NXP Semiconductors | Technology | 2/5 Low | NXP's automotive and IoT chip business is deeply embedded in the physical world and stands to benefit from AGI-driven autonomous vehicles and intelligent edge devices. |
| PDD | PDD Holdings | Technology | 2/5 Low | PDD facilitates the purchase of physical goods at the lowest possible prices — AGI cannot replace the need for affordable physical products, and PDD's price positioning may actually benefit from AGI-driven economic disruption. |
| PYPL | PayPal | Financials | 2/5 Low | PayPal facilitates the fundamental economic function of moving money — AGI agents will still need to make payments, and PayPal's regulatory expertise and network effects provide solid protection against disruption. |
| TMUS | T-Mobile US, Inc. | Telecommunications | 2/5 Low | T-Mobile faces low AGI disruption risk — wireless connectivity is physical infrastructure that becomes more essential as AI proliferates, and its spectrum-based oligopoly provides strong structural protection. |
| TSLA | Tesla, Inc. | Consumer Discretionary | 2/5 Low | Tesla faces low AGI disruption risk and is one of the clearest AGI beneficiaries — its physical products (EVs, energy, robots) are enhanced by AGI, and its autonomous driving and robotics programs would be directly catalyzed by AGI breakthroughs. |
| TXN | Texas Instruments Incorporated | Technology | 2/5 Low | Texas Instruments faces low AGI disruption risk — its analog and embedded chips serve physical-world applications across an enormously diversified customer base, and AGI-driven automation and electrification trends increase demand for its products. |
| ADI | Analog Devices, Inc. | Technology | 1/5 Very Low | ADI sits at the physical-digital interface that every AI system needs - its analog chips are essential for sensors, data conversion, and power management in the physical world that AGI cannot replace. |
| AEP | American Electric Power Company, Inc. | Utilities | 1/5 Very Low | AEP is one of the clearest AGI beneficiaries - AI data centers drive massive electricity demand growth, and regulated utility status protects returns while physical infrastructure is immune to digital disruption. |
| ALNY | Alnylam Pharmaceuticals, Inc. | Health Care | 1/5 Very Low | Alnylam's RNAi therapeutics business is virtually immune to AGI disruption - sick patients need physical drugs regardless of AI advancement, and AI actually accelerates Alnylam's R&D. |
| AMAT | Applied Materials, Inc. | Technology | 1/5 Very Low | Applied Materials is arguably the ultimate 'pick and shovel' AGI beneficiary - every AI chip in the world is manufactured using its equipment, and AI demand is driving an unprecedented cycle of semiconductor capital investment. |
| AMGN | Amgen Inc. | Health Care | 1/5 Very Low | Amgen's biologic drugs treat diseases rooted in human biology - AGI cannot cure cancer with software, and AI actually accelerates Amgen's drug discovery capabilities. |
| ASML | ASML Holding N.V. | Technology | 1/5 Very Low | ASML holds the most irreplaceable monopoly in the technology supply chain - its EUV machines are required to manufacture every advanced AI chip, making it the ultimate beneficiary of AGI-driven compute demand. |
| AXON | Axon Enterprise, Inc. | Industrials | 1/5 Very Low | Axon is nearly immune to AGI disruption - its physical law enforcement products serve government agencies that exist regardless of technological change, and AI features make its products more valuable rather than obsolete. |
| BKR | Baker Hughes Company | Energy | 1/5 Very Low | Baker Hughes operates in the physical world of energy extraction and industrial equipment - AGI cannot drill wells or build turbines, and AI-driven data center power demand actually benefits the company's gas turbine business. |
| CCEP | Coca-Cola Europacific Partners PLC | Consumer Staples | 1/5 Very Low | Coca-Cola Europacific Partners is about as AGI-proof as a company can be -- you cannot digitize the manufacturing, bottling, and distribution of beverages that satisfy fundamental human thirst. |
| CEG | Constellation Energy Corporation | Utilities | 1/5 Very Low | Constellation Energy is perhaps the single best-positioned company in this analysis relative to AGI -- its nuclear power plants provide the essential electricity that AGI data centers voraciously consume, and this demand is growing exponentially. |
| COST | Costco Wholesale Corporation | Consumer Staples | 1/5 Very Low | Costco is virtually immune to AGI disruption -- its value proposition of massive-scale physical retail with unbeatable prices on essential goods is anchored entirely in the physical world that AGI cannot touch. |
| CSX | CSX Corporation | Industrials | 1/5 Very Low | CSX is among the most AGI-proof businesses in existence -- you cannot digitize the physical transportation of goods across a railroad network that represents over a century of irreplaceable infrastructure investment. |
| DXCM | DexCom, Inc. | Health Care | 1/5 Very Low | DexCom is virtually immune to AGI disruption -- its business manufactures physical medical devices that address a biological condition, operating in a heavily regulated market where AI serves as a product enhancer rather than a threat. |
| EXC | Exelon Corporation | Utilities | 1/5 Very Low | Exelon is one of the clearest AGI beneficiaries — a regulated electric utility that sells the one thing AGI cannot exist without: electricity. |
| FANG | Diamondback Energy, Inc. | Energy | 1/5 Very Low | Diamondback Energy is virtually immune to AGI disruption as a physical oil and gas producer, and may actually benefit from increased energy demand driven by AI data center power consumption. |
| FAST | Fastenal Company | Industrials | 1/5 Very Low | Fastenal distributes physical products to physical industries — AGI cannot disrupt the need for bolts, and the company modestly benefits from infrastructure buildout driven by the AI boom. |
| FER | Ferrovial SE | Industrials | 1/5 Very Low | Ferrovial owns irreplaceable physical infrastructure with government-backed monopoly positions — AGI cannot disrupt toll roads and airports, and may actually increase demand for infrastructure construction. |
| IDXX | IDEXX Laboratories, Inc. | Health Care | 1/5 Very Low | IDEXX operates in one of the most AGI-proof niches imaginable — physical diagnostic tests for animals in an industry driven by human emotional bonds with pets, not technology cycles. |
| ISRG | Intuitive Surgical, Inc. | Health Care | 1/5 Very Low | Intuitive Surgical is an AGI beneficiary — its surgical robots are the physical platform through which AGI could revolutionize surgery, and the company's data moat positions it to lead AI-enhanced surgical robotics. |
| KDP | Keurig Dr Pepper Inc. | Consumer Staples | 1/5 Very Low | Keurig Dr Pepper sells physical beverages to thirsty humans — AGI cannot disrupt the need to drink, making this one of the most AGI-proof businesses in the market. |
| KHC | The Kraft Heinz Company | Consumer Staples | 1/5 Very Low | Kraft Heinz makes physical food for hungry humans — there is no AGI disruption pathway to making ketchup and mac & cheese obsolete. |
| LIN | Linde plc | Basic Materials | 1/5 Very Low | Linde produces physical gas molecules for physical industries — AGI cannot digitize oxygen or nitrogen, and semiconductor fab demand for specialty gases grows directly with AGI compute needs. |
| MDLZ | Mondelez International | Consumer Staples | 1/5 Very Low | Mondelez makes physical snack products that people eat — AGI cannot disrupt human hunger or the desire for chocolate, making this one of the most AGI-resilient businesses. |
| MNST | Monster Beverage | Consumer Staples | 1/5 Very Low | Monster Beverage sells a physical consumable product driven by human biology and culture — AGI disruption risk is essentially zero. |
| MPWR | Monolithic Power Systems | Technology | 1/5 Very Low | MPS makes the physical power management chips that AGI infrastructure literally cannot function without — this is a pure AGI beneficiary with essentially zero disruption risk. |
| MU | Micron Technology | Technology | 1/5 Very Low | Micron is one of the clearest AGI beneficiaries in the market — AGI literally cannot exist without massive quantities of the physical memory chips Micron manufactures. |
| NVDA | Nvidia | Technology | 1/5 Very Low | Nvidia is the foundational hardware provider for AGI — it is arguably the single greatest beneficiary of AGI development in the entire global economy, with near-zero disruption risk. |
| ODFL | Old Dominion Freight Line | Industrials | 1/5 Very Low | Old Dominion moves physical freight with physical trucks — AGI will optimize this business, not disrupt it, making it one of the safest stocks from AGI disruption. |
| ORLY | O'Reilly Automotive | Consumer Discretionary | 1/5 Very Low | O'Reilly sells physical auto parts to fix physical cars — AGI cannot change the fact that brake pads wear out and engines need oil, making this one of the most AGI-proof businesses. |
| PCAR | Paccar | Consumer Discretionary | 1/5 Very Low | Paccar manufactures the physical trucks that move the physical economy — AGI will make trucks smarter and more autonomous, which is an upgrade, not a disruption. |
| PEP | PepsiCo | Consumer Staples | 1/5 Very Low | PepsiCo makes beverages and snacks that satisfy fundamental human biological needs — AGI cannot disrupt hunger, thirst, or the desire for a cold Pepsi and a bag of Doritos. |
| REGN | Regeneron Pharmaceuticals, Inc. | Health Care | 1/5 Very Low | Regeneron faces very low AGI disruption risk — it makes physical biologic drugs for human diseases, and AGI is far more likely to accelerate its drug discovery pipeline than threaten its business model. |
| ROST | Ross Stores, Inc. | Consumer Discretionary | 1/5 Very Low | Ross Stores faces very low AGI disruption risk — it sells physical goods to value-conscious consumers, and economic disruption from AGI would likely drive more customers toward off-price retail, not away from it. |
| SBUX | Starbucks Corporation | Consumer Discretionary | 1/5 Very Low | Starbucks faces very low AGI disruption risk — people will continue drinking coffee and seeking social spaces regardless of whether AGI automates knowledge work. |
| VRTX | Vertex Pharmaceuticals Incorporated | Health Care | 1/5 Very Low | Vertex faces very low AGI disruption risk — it manufactures physical drugs for genetic diseases, the healthcare system is immune to IT displacement, and AGI would more likely accelerate Vertex's own drug discovery pipeline than threaten its business. |
| WMT | Walmart Inc. | Consumer Staples | 1/5 Very Low | Walmart faces very low AGI disruption risk — it sells physical necessities to the general population, benefits from AGI-driven supply chain optimization, and its value positioning makes it a destination for consumers during economic disruption. |
| XEL | Xcel Energy Inc. | Utilities | 1/5 Very Low | Xcel Energy faces very low AGI disruption risk — it delivers physical electricity and gas through regulated monopoly infrastructure, and AI-driven data center growth and electrification are significant demand tailwinds. |