The global artificial intelligence industry is expected to grow to $554 billion in total revenue by 2024, according to market research firm IDC. That amounts to some serious growth for an industry that generated revenue of $51.5 billion in 2021, according to market researcher Gartner. Virtually every industry is being disrupted by AI, automation and robotics. Whether it be machine learning, smart applications and appliances, digital assistants or autonomous vehicles, companies that aren't investing in AI products and services risk becoming obsolete. Countless companies stand to benefit from AI, but a handful of stocks have AI and automation at the center of their businesses. Here are 10 of the best AI stocks to buy, according to Bank of America. Nvidia Corp. (NVDA) Alphabet Inc. (GOOGL) Amazon Inc. (AMZN) Microsoft Corp. (MSFT) International Business Machines Corp. (IBM) Meta Platforms Inc. (FB) DocuSign Inc. (DOCU) Taiwan Semiconductor Manufacturing Co. (TSM) Dynatrace Inc. (DT) Workday Inc. (WDAY)
It's like they are just taking the most heavily weighted S&P 500 companies and slapping a new title on it.
I was just looking for this kind of information. I hope the top 10 has stayed the same, and it is worth paying attention to this list. The future of artificial intelligence is clear.
Artificial intelligence has a great impact on our life. But I can't entirely agree that it can replace humans in every sphere of our life. I study AI at the university and read many research content and articles related to it. For example, this resource https://gradesfixer.com/free-essay-examples/artificial-intelligence/ provides a lot of opinions on that topic. It's definitely can ease our life, but I sure that people must control it. These stocks are an excellent possibility to invest your money and raise your income. But here, it is more appropriate to pay attention to the company's projects and plans and not just to its famous name.
I was expecting to see some robotic vacuum manufacturing companies on the list. To me, those were the companies that pioneered the usage of AI that really touched our lives most fundamentally.