💥 Roaring '20s Productivity AI Boom Incoming 🤖 Autonomous AI Agents 🎵 The Next Gen of Music Videos

Generative AI To Unleash Roaring '20s Productivity Boom And S&P 500 Bull Market

Analysts are even talking about a new Roaring '20s fueled by AI. Experts say generative AI could launch a surge in productivity after a 17-year slump. A productivity pickup couldn't come at a better time, as a worker shortage and aging population fan inflationary pressures. —"We are in desperate need of a new source of growth," Here’s what you need to know.

AI Lesson For Microsoft And Google: Spend Money To Make Money

AI is expected to pay off big for tech giants including Microsoft MSFT-Q +1.70%increase and Alphabet GOOGL-Q +0.56%increase some day. But expect deeper investments before gains trickle to the bottom line, the companies said on Tuesday. Microsoft said costs rose sharply as it built new data centers to support AI and that capital expenditures will continue to rise as it buys chips from the likes of Nvidia Corp.

Nvidia Wins Again —Two Takeaways From This Week’s Mega-Cap Earnings

The team expects elevated levels of investment in its technical infrastructure increasing through the back half of 2023 and growing more in 2024. The primary driver is to support opportunities in AI across Alphabet, including investments in GPUs and proprietary TPUs as well as data center capacity.” CEO Sundar Pichai even mentioned the Nvidia’s H100 as the chip powering the company’s new “A3 AI supercomputers.”

Wall Street’s Use Of AI And Data Analytics Faces New SEC Rules - Bloomberg

The US Securities and Exchange Commission is releasing a plan on Wednesday to root out what Chair Gary Gensler has said are conflicts of interest that can arise when financial firms adopt the technologies. The agency will also consider whether to adopt final rules requiring companies to disclose serious cybersecurity incidents within four business days after they’re deemed significant.

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