The development of artificial intelligence (AI) has many investors investing in technology-based stocks. Recently, Nvidia stock has skyrocketed thanks to the successes of ChatGPT, a generative AI. Advisor Specializing in Generative A.I. Nina Schick and Kace Capital Advisors Managing Partner Kenny Polcari appeared on Yahoo Finance Live to discuss AI and its potential applications. Schick touched upon the challenges of regulating a highly innovative field, while Polcari voiced the importance of understanding one’s own risk tolerance before committing to any investments.
When it comes to investing in AI, Nvidia stock is at the forefront. In the last six months, ChatGPT and other foundational models have pushed forward the development of generative AI. As this technology continues to evolve, regulators are rapidly falling behind in terms of appropriate regulations. Understandably, the ownership of valuable data and its resulting output is a major concern for the future of AI.
Other AI-related stocks such as C3.ai can present an investment opportunity for those looking for top-notch returns. However, one should be aware that such investments also come with higher risks. Polcari also expressed how AI has been gathering momentum in the market, noting that investors should be conscious of the lifecycle and risk level of their investments before committing.
Nvidia is an American tech company sitting at the center of AI and gaming innovation. Since its founding in 1993, the company has become a major leader in graphics processing units, competing with other market leaders such as AMD. The company has a market capitalization of over $340 billion and are extending their reach into autonomous vehicles, PC gaming, and cloud-based gaming.
Nina Schick is a financial advisor, specializing in generative AI. She has advised many of Europe’s highest-profile politicians, government leaders, and business magnates on a range of topics related to AI and international policy. She has also been featured in major publications such as TIME, The Wall Street Journal, and The Economist.
Kace Capital Advisors Managing Partner Kenny Polcari is a finance expert with over 20 years of experience. He provides real-time news and market research that is highly sought after by investors around the world. With his longstanding track record of successes, Polcari is a go-to resource for many investors who need an authoritative opinion on the markets.
