Prediction: Artificial Intelligence (AI) Stock Nvidia Will Struggle to Retain Its Trillion-Dollar Market Cap by 2026
Since the proliferation of the internet roughly 30 years ago, there hasn't been a next-big-thing technology, innovation, or trend that's come remotely close to rivaling it... until now.
The arrival of artificial intelligence (AI) is forecast to add $15.7 trillion to the global economy by 2030, according to analysts at PwC. With AI, software and systems are given autonomy over tasks that would normally be overseen or undertaken by humans. The catch is that these systems have the ability to learn and evolve over time without human intervention. The capacity to become more proficient over time gives AI utility in pretty much every sector and industry.
Although most AI stocks have been unstoppable over the last 18 months, it's Nvidia (NASDAQ: NVDA) that unquestionably sits on a pedestal above all others.
Source Fool.com