Artificial intelligence (AI) is changing the way we work, live and connect. But is it really the right time to invest?
Introduction to Artificial Intelligence
Artificial intelligence is the simulation of intelligence in man-made software. In computer science, AI is the study, development, and application of machines capable of learning and making decisions similar to human ones.
In recent years, the progress of AI — and the exciting concept of generative AI — has sparked renewed interest in the sector, and many investors are wondering if it’s a good idea to enter this sector.
History of Artificial Intelligence
The term “artificial intelligence” was coined by John McCarthy in 1956 at the Dartmouth Summer Research Project on AI. McCarthy was a computer scientist and is widely considered to be the father
of AI.
Evolution of Artificial Intelligence
AI and the technology industry as a whole have continued to evolve throughout the 20th century, with important achievements such as the creation of the first microprocessor in 1970 and the birth of the Internet in 1990.
AI Today
Today, AI can be involved in everything from art to writing emails. Generative AI, the technology with the “brain power” to create something completely new and original, is improving before our eyes
.
Forecasts for Artificial Intelligence Actions
Enthusiasm around the potential of AI has driven investors to invest massively in AI stocks, but does that mean now is a good time to invest?
Market Analysis
Although the industry certainly brings with it great potential, the truth is that we don’t fully understand the effects that AI will have in the long term.
Investing in Artificial Intelligence
Experienced investors with a good understanding of AI and its applications may want to invest in individual AI stocks. One of the biggest is Qualcomm, a Microsoft partner that designs and builds semiconductors, software, and wireless telecommunications products
.
Market Trends
AI and generative AI have already conquered the world and the industry seems destined to grow even more. AI is also a valuable asset in the healthcare industry, especially when it comes to drug discovery, diagnosis, and research
.
Conclusions
AI-powered machines are destined to shape our future; the question is no longer if, but how.