Banyan Hill Publishing Senior Editor Paul Mampilly is excited about the future of Artificial Intelligence. Many companies are using Artificial Intelligence to gain an advantage over their competitors. Paul Mampilly believes that Artificial Intelligence is beneficial to people by helping make their lives easier. Based on the increasing importance of Artificial Intelligence in people’s every day lives, Paul Mampilly believes that Artificial Intelligence stocks are going to become more valuable over the next few years.
Mampilly notes that Artificial Intelligence is helping police solve criminal cases throughout the World. Facial recognition technology has helped police locate suspects. Mampilly believes that Artificial Intelligence is helping the World evolve. Businesses must be able to adapt or they could lag behind their competitors.
Artificial Intelligence has generated trillions of dollars this year and that figure is expected to rise over the next few years. That’s why Paul Mampilly believes that investors should look into Artificial Intelligence stocks. The value of Artificial Intelligence stocks has increased because Artificial Intelligence is creating a lot of value in many different industries. Mampilly notes that Artificial Intelligence is able to bring together data from thousands of platforms so that it can be used to help people. Mampilly believes that Artificial Intelligence will continue gaining momentum over the next 3 years.
Stocks To Keep An Eye On
Xilinx is a company that creates technologies that make it possible to connect things that are unrelated to each other. Xilinx created Field Programmable Gate Arrays that have changed the edge computing learning environment.
Baidu is another Artificial Intelligence stock that Mampilly believes is on the rise. Baidu is considered The Chinese equivalent of Google. Baidu is creating an open source autonomous driving platform. Baidu is also working on a program that will be compatible with different IoT devices.
Nvidia is a specialized semiconductor company that has grown in popularity over the last few years. Recently, Nvidia created a new graphics processing unit. The graphics processing unit has been added to multiple self driving cars and gaming units. Investors have taken note of Nvidia’s success.