3 Artificial Intelligence (AI) Predictions Defying Market Expectations
AI Predictions: Bubble Burst, Stocks Impact, Future Winners
Though artificial intelligence (AI) and Nvidia look like can't-miss opportunities, things aren't always what they appear to be on Wall Street. Since the advent of the internet roughly 30 years ago, there has been no shortage of next-big-thing investments and top-tier trends vying for investors' attention and capital.
Some of the most-promising innovations and trends include genome decoding, nanotechnology, and blockchain technology. However, nothing has promised to change the growth arc for corporate America since the arrival of the internet quite like the rise of artificial intelligence (AI).
AI Evolution and Economic Impact
- AI involves the use of software and systems to handle tasks that would normally be overseen by humans
- AI can evolve through machine learning, making systems smarter over time without human intervention
- Worldwide economic growth could see up to $15.7 trillion uplift from AI by 2030
Contrarian AI Predictions
- Prediction No. 1: The AI bubble will burst due to historical trends and investor overestimations
- Prediction No. 2: Nvidia and Tesla may lose over 50% value post AI bubble burst
- Prediction No. 3: Ancillary AI infrastructure companies will outshine early stage winners in the long run
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.