1 Historically Pricey Artificial Intelligence (AI) Stock to Steer Clear Of in June, and Another That Can Be Bought With Confidence
Though AI is an enormous addressable opportunity, it doesn't mean all cutting-edge AI stocks are worth investing in.
For more than three decades, investors have consistently had a game-changing innovation or next-big-thing trend to captivate their attention. Over the last two-plus years, artificial intelligence (AI) has been the innovation investors simply can't get enough of.
With AI, software and systems are empowered with the tools to make split-second decisions without human oversight. The capacity for software and systems to become more proficient at their assigned tasks over time, and potentially learn new skills, leads to a virtually limitless long-term ceiling for this technology. In Sizing the Prize, the analysts at PwC estimated a $15.7 trillion global addressable market for AI by the turn of the decade.
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