Published on 31 Aug 2023 on Insider Monkey via Yahoo Finance
11 ChatGPT Penny Stock Picks
In this article, we will take a look at the 11 ChatGPT penny stock picks. To see more such companies, go directly to 5 ChatGPT Penny Stock Picks.
The AI boom that started with the launch of ChatGPT from OpenAI seems to have no end in sight. A McKinsey report compared the fickle rise of AlphaGo, an AI program made by DeepMind that famously beat the top Go player, with the rise of generative AI applications of today. While AlphaGo made a lot of headlines, its popularity faded quickly. But come the end of 2022, the launch of ChatGPT heralded an era of AI popularity that remains far from being fickle. In fact the AI trend is promising to change the nature of jobs and human productivity. The McKinsey report said that generative AI applications like ChatGPT, GitHub Copilot, Stable Diffusion, among others, were able to capture the imagination and attention of the masses because of their broad utility. The latest generative AI wave has something to offer for everyone – students, software developers, professors, researchers, hedge funds, etc.
With apps like ChatGPT, people are now seeing the true power of generative AI and how it can increase productivity of humans and businesses. And analysts believe we are now reaching beyond the hype/no hype debate in the AI domain. While questions could be raised on tech stock valuations, there’s hardly anyone who can doubt that the AI tools rolled out by companies are creating actual benefits for humans and increasing their productivity.