Former House Speaker Nancy Pelosi Can't Stop Buying the 1 Artificial Intelligence (AI) Stock Billionaires Have Been Eager to Sell
Since the advent of the internet roughly three decades ago, more than a dozen next-big-thing investment trends and innovations have vied for Wall Street's attention. However, none of these innovations have inspired investors quite like the artificial intelligence (AI) revolution.
When discussing "AI," I'm talking about the broad definition of utilizing software and systems to oversee tasks that would normally be assigned to humans. What makes AI such a potential game-changer for corporate America is machine learning, which allows these systems to evolve over time, without human intervention, to become more effective at their assigned tasks, and/or learn new tasks.
It's very easy to be inspired by AI from an investment standpoint when analysts are casually tossing out the "t" word (trillions) to describe its potential. According to a 2023 report from PwC, artificial intelligence can provide a $15.7 trillion lift to the global economy by the turn of the decade.
Source Fool.com
