Iām just looking at the top 50 hot stocks list from T212. Ignoring the ETFs, Iād reckon every company in there has some form of AI or machine learning in their operations. Maybe not Cineworld Group? These days though most big companies are at least partially AI driven.
I was more looking at focus only on AI but maybe Iām thinking too scfi and less practically
Do you think the likes of these cinema groups are going to stay around?
I honestly think they will die a death soon.
Too many assets to die a death, evolve maybe but not die.
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With the advent of big data and everything going digital, any company worth their salt needs some form of machine learning.
You could look at the likes of Datadog or Cloudflare or Palentir. A.I. is at their core and they are still undervalued imo
I will take a look thankyou. Trouble for me is once youāve found some stocks you feel like you have more to do so other peopleās stock picks are free learning
God who knows really! Not I. I have a high risk pie with the likes of NIO and virgin galactic in it. Cineworld Group is in there too. Not sure what that says about my opinion of them, but I reckon they may bounce back??
Stock: IBM
āToday, the [tech giant] is an integrated provider of hardware, software, and services to large enterprise customers. Its mainframe computer systems are still ubiquitous in certain industries, and it regularly signs multi-year IT deals worth hundreds of millions of dollars each.
IBMās strategy with AI is to apply the technology where it can augment human intelligence, increase efficiency, or lower costs. In the healthcare industry, IBMās AI tech is being used to create individualized care plans, accelerate the process of bringing new drugs to market, and improve the quality of care. In the financial services industry via the companyās acquisition of Promontory Financial Group, IBM is using AI to help clients with the daunting task of regulatory compliance.
There are some applications that arenāt quite ready for primetime but show promise. For example, IBM is working with marine research organization ProMare on an āAI Captainā capable of allowing a ship to self-navigate across the Atlantic Ocean.
While the market for AI products and services is fragmented, IBM is leading the industry. The company generated over $2.5 billion of revenue from AI in 2018, according to IDC, giving it the largest market share in the industryā
Iāve made more money off Datadog than most others out there. I actually even applied for a job as an A.I. Engineer with them. No luck there though. Oh well.
But theyāre a cloud/A.I. company at their core. Picking up massive traction.
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Thats half the battle isnāt it we rarely look at the older companies anymore we just purely believe new will trump old.
I will add IBM and do some more research.
Thankyou
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Yea i get you, canāt wait for AI companies to evolve
As long as they donāt forget the emergency off switch Iām with you!
A bit of a back door to AI but MasterCard heavily invest in AI tech for the finance sector, moreso than Visa. So theyāll be forerunners there.
No one mentioned apple or tesla though?
No AI no self drive and all that
Iām much more interested in blockchain uses and the future advancements that is going to have on existing infrastructures. Iām sure AI and blockchain will merge and god knows what can be done in the future. One thing on my reading list for sure.
The problem with machine learning now and A.I. now is that artificial intelligence is extremely stupid. It can only do very specific tasks that are explicitly taught to the machines. Thereās no such thing as generalised artificial intelligence yet, in that machines cant reason and create abstract concepts or ideas. That in my opinion is the big step forward and A.I engineers call it āsolving the problem of intelligenceā. The companies who do that will be at the forefront of tech. And I reckon itāll be your Googles and Amazons or universities who do it.
Right now, A.I. is nothing more than massive complex calculators and not exactly āintelligentā in a human sense.
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Iām surprised you actually consider humans to be intelligent! Sorry had to do it
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Itās already happening. My last company were performing AI work on blockchain. Iāll give you a flavour.
We were building software which could automatically detect tumours or other anomalies from medical images once a patient goes for their CT or MRI scan. To teach an algorithm what tumours look like, you need massive amounts of data of both healthy and unhealthy patients so the algorithm can learn what is normal and what is not.
However the problem here is the regulatory and privacy laws surrounding medical images. Itās an extremely long, complex, and expensive process to get medical images out of a hospitalās database. Worse if itās cross border.
My colleagues decided it may be a better idea to send the algorithm to the hospital rather than the hospital send the images to us. It was in very early stages but they used blockchain to do this. An algorithm was sent across the world, was exposed to images in the hospital, and came back to us mathematically altered in such a way that it was more learned.
Itās an interesting space blockchain and AI and Iād love to see it merge more!
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I think we will see more social apps(i.e Tiktok) before AI robots. Not the future I want but that seems to be the most profitable.
Fascinating work.
I agree, from what I have seen/read on AI - itās nothing more than throwing enough dirt at a wall until something sticks lol. But once it has the technique, itās amazing.
One other use/outlet I think the blockchain could have use in - is something related to the auto industry - especially as vehicles become āsmarterā. Exciting times.