Generative AI: How can investors profit?

Microsoft and Alphabet leading the way

clock • 4 min read

When Microsoft announced its $10bn investment in OpenAI and presented its generative AI language tool (ChatGPT) within Bing, the world quickly woke up to the realisation that AI technology is now on the cusp of becoming part of our everyday lives. 

Bill Gates has described generative AI as the "most important advance in technology since the graphical user interface" (which led to the Windows and Mac OS operating systems). Rather more ominously, Vladimir Putin has said "whoever becomes the leader in this sphere will become the ruler of the world". Taking some chips off the table: What is behind Berkshire Hathaway's TSMC U-turn? In a recent interview, Sam Altman, CEO of OpenAI, admitted that the technology could evolve one of two ways. In one, the technology will better all aspects of all our lives, regardless of the jobs it...

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