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Vista’s Robert Smith says enterprise software firms will be among the last to profit from AI—but that gains will be huge

Fortune
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Robert Smith , founder, chairman and CEO of Vista Equity Partners , believes software companies will be the ultimate beneficiaries of AI but only those that control their own data sets.

Gen AI is creating a complete shift in how enterprise software will be used in the future, he said.

About 80% of Vista ’s portfolio companies have deployed or developed a gen AI tool, Smith said.