On March 14, 2023, artificial intelligence laboratory OpenAI released GPT-4, its latest large language model, or LLM.
The potential economic impact of this kind of AI advancement is hard to put a number on. In a 2022 report, accounting and consulting firm PwC, also known as PricewaterhouseCoopers, estimated that AI could contribute $15.7 trillion to the global economy by 2030.See: 7 stocks tech sector experts say can profit from AI
“Large language models require a tremendous amount of data and a huge amount of capital to put together,” Brenner says. How to find AI ETFs Haba said investors can also get exposure to AI stocks through exchange-traded funds that invest in a basket of companies involved in AI development and implementation.
Also on MarketWatch: This ETF designed to protect against inflation is attracting inflows as price pressures persist “In the private markets, we are seeing hundreds of millions of dollars flow into ‘AI’ companies that have no product market fit. While investors are justifying such investments based on growth potential, it remains unclear whether that potential can or will ever be monetized,” Haba said.
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