![]() ![]() ![]() ![]() (NASDAQ: GOOG), will continue to see higher earnings and other benefits due to their active contributions and participation in the AI industry. Here are some of his comments from the CNBC interview:Īccording to Ives, major players in the AI space at present, which include companies such as NVIDIA Corporation (NASDAQ: NVDA), Microsoft Corporation (NASDAQ: MSFT), and Alphabet Inc. Rather, he believes it to be a fourth industrial revolution. According to Ives, the popularity of AI is not just a hype cycle. On June 27, Daniel Ives, an analyst at Wedbush Securities, was invited on CNBC to share his insights on the AI boom. Hype Cycle Or Transformational Technology? While some are dubbing the AI boom a simple hype cycle that will blow away, others are drawing more optimistic comparisons between other transformational technological movements, like the dot-com bubble and the AI boom, holding that just like the internet, AI is on its path to becoming a form of technology 21st-century businesses and consumers simply cannot live without. Companies across the globe are scurrying to join the AI frenzy by introducing their own AI-powered products and services, while those that have been actively involved in the space in the past are beginning to reap the benefits of their foresight. To skip our detailed analysis of the artificial intelligence industry, you can go directly to see the 5 Best Artificial Intelligence Stocks Under $10.Īrtificial intelligence (AI) has taken the financial markets by storm in 2023, leading us into what has become known as an AI boom. In this article, we will be taking a look at the 10 best artificial intelligence stocks under $10. ![]()
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