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Build Profitable Companies with AI 🏦Semiconductor Stocks Riding the AI Wave 🌊The Internet's Best AI Videos 🙌

May 19, 2023

AI Leaks

🤖 AI and Business

And while Steve Cohen, of Point 72, acknowledged concern about the types of jobs that AI would displace, he added that the technology will likely create new jobs. Cohen also expressed optimism more broadly, noting profit margins should improve, which will allow the Federal Reserve to be less aggressive on rate hikes and boost markets.

There are plenty of semiconductor stocks from which you can choose. But if you look at the Portfolio Grader ratings, these stocks are at the top.

The cutting-edge technology caught the world's fancy following the smashing debut of OpenAI's language bot ChatGPT, igniting a "Game of Thrones"-style war between tech giants from Microsoft to Alphabet and Meta to lead the AI boom. Morgan Stanley predicts the new tech to unlock $6 trillion of investment potential. Here's how seven top players are responding to the AI trend.




👨🏼‍💻 AI Advancements

I believe this era of capital as a moat is over. “Oh, we’re just going to give this company $5 billion and by giving it $5 billion, it’s going to out-execute all competition, it’s going to have the greatest product, and then it’s going to be the winning company.” Capital is important, but it’s not the most important differentiator. It’s no longer a world where the bigger fund you have then the better you are.

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🕵🏼‍♂️ AI Absurdity

Most of the AI results appeared to play up outdated standards of beauty - caucasian yet tanned, slim yet muscular, and overwhelmingly blonde - which hints at the tool's implicit biases.

💻 AI Productivity

“Bananaphone” can trace its origin to the 1994 children’s album of the same name, recorded by Canadian singer Raffi. Yet a YouTube user has taken that song and used AI to “rerecord” it as a Beatles single, that brings together Paul McCartney, John Lennon, and George Harrison to have what sounds like a great, time, despite the fact that the latter two died decades ago. And yet it sounds so authentic.

😇 Links That Don't Suck

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Cheers,

Marc