2 Artificial Intelligence (AI) Growth Stocks That Are Just Getting Started
Looking back, 2023 may well mark a turning point for artificial intelligence (AI). The latest developments in large language models have given birth to next-generation technology, including OpenAI's ChatGPT -- but that's likely just the beginning. The capabilities of these AI systems have sparked imaginations, and the brightest minds in business are looking for ways to employ this groundbreaking technology to automate repetitive tasks, improve customer service, and create new opportunities.
The ongoing AI revolution has investors searching high and low to profit from the massive potential afforded by this state-of-the-art technology. While estimates vary wildly, one of the most bullish forecasts comes from Cathie Wood's Ark Investment Management, which suggests that the global AI software market will grow at 42% annually, topping $14 trillion by 2030. Even if this estimate turns out to be overly bullish, it helps show that the market for AI-enabled software could grow at a blistering pace for years to come.
Let's look at two high-flying stocks that are well positioned to benefit from the AI revolution.
Source Fool.com
