20 important AI terms to know
2 min read
2024-02-04 10:01:00
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Generative artificial intelligence has been topic that’s impossible to avoid on Wall Street for more than a year — and it’s unlikely to fade away anytime soon. In some ways, however, 2024 may prove to be a more pivotal year for AI than 2023 was. With OpenAI’s ChatGPT launching in late November 2022 , many investors last year were largely content to hear about how tech companies were approaching generative AI and see new products or services that enable or integrate the buzzy technology. But this year, the pressure is likely to mount on companies — like Club name Salesforce — to start showing financial benefits from their AI endeavors. The focus will shift to profits from potential. Salesforce is just one of many stocks in the portfolio that are investing heavily in developing and implementing AI initiatives aimed at fueling growth. Chipmaker Broadcom is another. And each of our Significant Six stocks — Microsoft , Meta Platforms , Google parent Alphabet , Amazon , Nvidia and Apple — are making big investments in AI, with the latter doing so in a more under-the-radar fashion . To help you build a deeper knowledge of the underlying technology that’s dominating the conversation from Silicon Valley to Wall Street and Main Street, we put together a list of 20 artificial intelligence terms that are important for investors to understand. We’ve enlisted two experts in the field to help us define and explain the AI jargon. Let’s start with the most basic level. What does artificial intelligence even mean? 1. Artificial intelligence Artificial intelligence is a field of technology that’s been around for decades and broadly refers to computer systems that try to “replicate human cognition in some way,” said Chirag Shah, a professor of information and computer science at the University of Washington. The earliest electronic computers solved math equations for military purposes. The difference with AI systems is a focus on intellectual tasks that give humans “the…
2024-02-04 10:01:00
All news and articles are copyrighted to the respective authors and/or News Broadcasters. VIXC.Com is an independent Online News Aggregator
Read more from original source here…