1 Artificial Intelligence (AI) Stock to Buy Hand Over Fist and 1 to Avoid Like the Plague
Wall Street offers few, if any, guarantees. But one thing that's a near certainty is the forward-looking nature of investors. They're always looking to the horizon for the next great investment idea or game-changing trend. In 2023, anything having to do with artificial intelligence (AI) has fit the bill.
AI utilizes software and systems to perform tasks usually overseen by humans. The key with AI is the machine learning aspect that allows software and systems to evolve and grow smarter over time. Because of this evolutionary aspect, AI has applications in virtually all sectors and industries. That's likely why Grand View Research sees global AI revenue growing by an annualized rate of 37.3% between 2022 and 2030. In nominal dollars, we're talking about global sales surging from around $137 billion to $1.81 trillion by the turn of the decade.
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Source Fool.com
