Name: No distinct AI-exposed failure wave is visible yet
Creator: Kingscrowd

Kingscrowd market intelligence

No distinct AI-exposed failure wave is visible yet

Share of tracked failures in the broad software and marketing proxy

FAILURE MIX

The proxy represented 13% of 2026 YTD failures, below its 16% share in full-year 2025.

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Period or category	AI-exposed industry proxy	Other industries
2018	8.0%	92.0%
2019	14.3%	85.7%
2020	2.3%	97.7%
2021	12.7%	87.3%
2022	10.2%	89.8%
2023	10.1%	89.9%
2024	12.0%	88.0%
2025	15.7%	84.3%
2026	13.3%	86.7%

Metric class: FLOW. Source: Kingscrowd exit/failure export and Kingscrowd API enrichment; FRED is included where shown. Data through 2026-08-03. The proxy is broad, 2026 is partial, and the data lacks an all-issuer denominator by industry.