Where the real use cases for AI are right now: Analyst
While the AI hype continues on Wall Street, with some companies making major investments in it, questions around how it will actually be used have arisen.
Jefferies senior analyst Brent Thill joins Market Domination Overtime to give insight into AI use cases and what investors and consumers can expect with how its used moving forward.
"It's all in infrastructure. If you look at, energy, data centers, Nvidia's (NVDA) outperformance. So we've talked about AI being in infrastructure. It's not in applications. It will spread and it will come to our lives. And I think you've already seen it in some of the products that Google (GOOG, GOOGL) has. You're seeing it in my daily use of Perplexity. You're seeing it now, companies-- in many in the financial services organizations are starting to roll out, Microsoft Copilot (MSFT), and we're just getting initial access. So we're all going through the training."
He continues with the potential time frame to really see AI flourish: "I think every industry is going to be impacted and it's going to be slow. It's not going to happen overnight. And I've said this... companies like Salesforce.com (CRM) have said zero revenue from AI. So it's coming to a theater near you. It's not out yet, but it's going to take a long time."
For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.
This post was written by Nicholas Jacobino
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