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Investors Should Look To The “Picks and Shovels” Of The AI Revolution

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The aim is to effectively create a VR experience without the “damn goggles.” Creators use a special camera to produce footage that envelops the audience.

The Big Artificial Intelligence Winner Is Mega-Cap Tech: 5 ‘Strong Buy’ Stocks To Grab Now

With almost unlimited potential and possibilities for machine learning, smart applications and appliances, autonomous vehicles and robotic applications, the brave new world is here now. Numerous companies stand to benefit from the technological advances that AI will provide, and those that do not use the technology in the coming years will surely regret it.

Elon Musk: China Has “Very Strong” AI Credentials – CNBC

Elon Musk believes China is in a strong position when it comes to the development of artificial intelligence and that the country will be “great at anything it puts its mind to.” In remarks delivered by video on Thursday to the World Artificial Intelligence Conference, which is being held in Shanghai, the Tesla CEO did not hold back when it came to praising certain aspects of the world’s second-largest economy.

Retail Traders Pile Into US Stocks As Focus Shifts From AI To EVs – LINK

Shutterstock Is Paying ‘AI Photographers’ To Promote Its Image Generator – LINK

Semiconductors Winner And Losers At The Start Of H2 2023 – LINK

AI Crypto Trading Bots Are The New ‘Edge’ – For Now – LINK

AI-Powered Smart Toys: The Future Of Playtime Is Here, But Are They Safe? – LINK


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Photoshop’s Generative Fill AI Tested On A Mac – MacWorld

The words “generative AI” are on everyone’s lips at the moment. These technologies can create text, images, or video clips from simple prompts, and could change the media landscape as we know it. Adobe certainly thinks generative AI is worth further investigation and is putting its marketing muscle behind Generative Fill, a new Photoshop feature that allows you to edit or manipulate your images in entirely new ways.

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🤖 AI and Finance

AI Picks 3 EV Stocks To Deliver Triple-Digit Returns in 2023 – InvestorPlace

EV stocks are among the most popular choices for investors who seek big returns. These fast-growing businesses provide plenty of uncertainty and volatility; the fact that so many EV stocks are so volatile precludes many investors from owning these names. Volatility and risk go hand-in-hand. Moreover, up-and-coming EV companies tend to bleed cash and have less-than-impressive prospects, while more established EV companies continue to service the lion’s share of the market.

AI Boom Could Delay Stock And Housing Market Crash, Says Jeremy Grantham – Market Insider

Grantham diagnosed a “superbubble” spanning stocks, housing, and commodities in January 2022. He declared in September that it was likely in its final stages, and a historic crash seemed imminent. The S&P 500 and Nasdaq ended the year deeply in the red — but have rallied 16% and 32% respectively this year.

How To Navigate The Bull Run in Stocks – Forbes

After fluctuating in a broad trading range since the middle of last year, the S&P 500 index broke decisively to the upside in June reaching its highest level since April 2022. The index has entered a new bull phase in which it has advanced by more than 20% from its October low and 16% in the first half of this year.

The Colosseum: The Ultimate Battleground for Musk vs. Zuck? – The Wrap

The Italian government is reportedly giving a thumbs up to the planned mogul match of the century: it’s invited Elon Musk to fight Mark Zuckerberg at the Colosseum in Rome. “Some chance fight happens in Colosseum,” Musk tweeted early Friday morning. He added a video of the Colosseum fight from the Monty Python movie “Life of Brian,” with the quip, “Need to work on my endurance.” The post came after the government of Italy contacted Zuckerberg with an invite to the legendary battleground, TMZ Sports reported.

AI-Powered Software Stocks Are On The Rise: Here Are 5 To Watch – Investors

Software growth stocks are once again in favor amid buzz over artificial intelligence. Management commentary on generative AI product roadmaps on company earnings calls has been as critical as financial results for many software stocks.

Top Analyst Predicts One Tech Stock To Join Apple In The $3 Trillion Club – LINK

Small Tech Companies Need Big Tech’s Help to Survive in the Age of AI – NYT LINK


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Authors Sue OpenAI For Copyright Infringement – The Guardian

Two authors have filed a lawsuit against OpenAI, the company behind the artificial intelligence tool ChatGPT, claiming that the organization breached copyright law by “training” its model on novels without the permission of authors. Mona Awad, whose books include Bunny and 13 Ways of Looking at a Fat Girl, and Paul Tremblay, author of The Cabin at the End of the World, filed the class action complaint at a San Francisco federal court last week.

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🤖 AI and Finance

AI Robots Market Size By 2030 – Precedence Research

The global artificial intelligence (AI) robots market size was accounted at USD 9.2 billion in 2021 and is expected to be worth around USD 54.3 billion by 2030 with a registering growth at a CAGR of 21.81% during the forecast period 2022 to 2030.

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Google Updates Privacy Policy To Allow Data Scraping For AI Training – CoinTelegraph

Google has made updates to its privacy policy which now allows it to take any publicly available data and use it for AI training purposes. The update to the company’s privacy policy came on July 1. In the latest version, changes can be seen that include the addition of Google’s AI models, Bard and Cloud AI capabilities to the services it may train by using “information that’s publicly available online” or from “other public sources.”

Crypto Miners Look To AI To Repurpose GPU Infrastructure – WSJ

The boom in demand for high-end chips powering the rise of artificial intelligence has given new life to some of the survivors of the last tech-hype cycle: cryptocurrency miners. During the crypto upsurge, Satoshi Spain sold and leased out hundreds of souped-up computers—known as mining rigs—equipped with powerful graphics chips. Then, as many of them sat idle starting last year because of the decline of mining currencies, the Spanish company began helping its customers retool the machines for AI.

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Robot Conductor Makes Debut In Seoul – Reuters

An android robot, EveR 6, took the conductor’s podium in Seoul on Friday evening to lead a performance by South Korea’s national orchestra, marking the first such attempt in the country. The two-armed robot, designed by the Korea Institute of Industrial Technology, made its debut at the National Theater of Korea, leading musicians in the country’s national orchestra. The robot, with a humanoid face, first bowed to the audience and started waving its arms to control the tempo of the live show.

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🤖 AI and Finance

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Where To Make Money From the Megatrends: Which Funds Provide Exposure To Robotics, AI, EVs and Net Zero

Hollands adds: ‘When you adopt a thematic investing mindset, it can make the process of investing quite exciting because rather than focusing solely on the nuts and bolts of profits, valuations and dividends, you are thinking about the really big picture stuff.’

Apple’s $3 Trillion Rally: 4 Key Drivers That Fueled the Historic Surge – AOL

Apple shares rose 49% in the first half of 2023, their biggest six-month gain since 2009. The tech giant’s market cap closed above $3 trillion for the first time ever on Friday. Buzz over new products and Apple’s status as a high-quality “safety play” have boosted its shares.

Here’s the AI Stock Wall Street Appears to Be Most Bullish About Right Now (Hint: It’s Not Nvidia) – Motley Fool

The average 12-month price target for Alteryx reflects an upside potential of 47%. The most pessimistic price target among the 14 analysts surveyed by Refinitiv is still more than 20% higher than Alteryx’s current share price. —By comparison, the consensus price target for Nvidia reflects an upside potential of only 12%. Most analysts think that high-flying AI stock C3.ai will fall over the next 12 months, with the average price target nearly 30% below its current share price.

Tesla’s Record Deliveries Are Priced in, Says Short Seller Jim Chanos – AOL

Tesla delivered just over 466,000 vehicles last quarter, exceeding Wall Street’s expectations. Jim Chanos said the 4% beat was driven by price cuts and already reflected in Tesla’s valuation. The short seller and Tesla critic held bearish puts options against the EV stock at last count.

Here are Four AI Technologies That Could Make a Difference Next – The Conversation

There are some AI technologies waiting on the sidelines right now that hold promise. Our choices appear ready from a technological point of view, but whether they satisfy all three of the criteria we’ve mentioned is another matter. We chose these four because they were the ones that kept coming up in our investigations into progress in AI technologies.

An AI Bull at The World’s Largest Hedge Fund Warns About Using Chatbots For Stock Picks: ‘It’s a hopeless path’ – Fortune

“If somebody’s going to use large language models to pick stocks, that’s hopeless, that is a hopeless path,” he said in the latest episode of Bloomberg’s Odd Lots podcast, adding that the technology would be “awful” at pinpointing major turning points in the macroeconomic environment.


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What types of new jobs do you think the rise of AI will create?

In a recent discussion about the rise of AI and the new job opportunities it presents, Kevin Kelly, CXO at Live Smart AI, highlighted the potential for roles such as “Prompt Crafting” or “Query Master.” These positions would focus on crafting the right questions or prompts to input into AI technologies, like ChatGPT and BARD. Kelly mentioned an instance where a company replaced a salaried employee with ChatGPT for blog post writing, but emphasized the importance of asking the right questions for optimal results.

Anna Nadeina, Head of Growth at saas.group, concurred with the emergence of roles like “Prompt Master” and “AI Editor.” Nadeina explained that to obtain valuable answers from AI tools like ChatGPT, users must input well-crafted questions. She criticized vague prompts, suggesting they should include more examples, limitations, and requirements for better outcomes.

Additionally, Nadeina stressed the significance of editing AI-generated content. Since AI-produced articles are “human-like” but not actually human, an AI Editor would need to step in to make the content more relatable, readable, and refined. This highlights the importance of human involvement in managing and refining AI-generated output, ensuring its quality and relevance.

In conclusion, as AI continues to advance, new job opportunities like Prompt Crafting, Query Master, and AI Editor will emerge. These roles will involve working with AI technologies to optimize their potential while maintaining the human touch that is essential for quality content. The rise of AI is not only changing the way we work but also opening up new avenues for professionals to adapt and thrive in the evolving job market.