3 Tech Stocks Using Artificial Intelligence to Unlock Growth
In some industries, achieving scale has always been incredibly difficult, either because they require too much human capital, or logistical challenges stand in the way. The real estate, car dealership, and legal industries are great examples of this. The internet has opened up new opportunities to climb those hurdles, but artificial intelligence (AI) is proving to be the most valuable piece of the puzzle -- completing tasks that used to require many employees, doing so in repeatable ways, and evolving along the way.
DocuSign (NASDAQ: DOCU), Carvana (NYSE: CVNA), and Zillow Group (NASDAQ: ZG)(NASDAQ: Z) have adopted artificial intelligence both organically and through acquisitions, and they are using it to dominate their industries, areas that are still largely stuck doing things the way they've always been done. All three companies have achieved exponential growth and blazed new trails that have changed consumer habits forever.
DocuSign is best known as one of the leaders in digital-signature technology, but it has evolved into significantly more than that, especially through aggressive innovation in its Contract AI platform.
Source Fool.com
