Tag: Industries

UBS analysts have compiled a list of 53 stocks that could surge by up to 20% due to AI growth across 27 sectors. The report highlights the increasing use of AI in various industries, with machines completing more than a third of business-related tasks. Although some analysts anticipate AI hype train to derail like the dot-com bubble, many stocks bounced back and exceeded expectations. The report provides a breakdown of each of the stocks, the industry, and reasoning behind each buy recommendation.

Researchers have developed the Voyager, an embodied agent that explores Minecraft's open world with GPT-4 as a guide. This model can improve household robots & provide insights into future AI.

Goldman Sachs strategists found AI stocks outperform their credit peers. AI firms with strong balance sheets are set to benefit as demand for generative AI grows.

McKinsey predicts that AI tech could contribute $150bn to GCC economies – 9% of their GDP. Retail leads AI implementation, but challenges remain, say experts.

New job seekers are using ChatGPT, an AI platform to write resumes, but HR professionals warn against it. Using AI can be a deal-breaker for potential employers, with 40% saying they won't consider candidates who use AI in the hiring process. iCIMS Class of 2023 report warns new graduates to proceed with caution as using AI may not result in the desired outcome.