Analysts from Goldman Sachs and MIT recently took a deep dive into the generative artificial intelligence market to determine its short- and long-term viability for investors.over their research was whether the current AI market represents an expanding bubble waiting to burst, or the “pickaxes and shovels” stage of the next frontier for technology and industry.
While it’s unclear exactly what the killer application for AI will be, current progress has led some analysts to believe that the current growth line can continue. According to Goldman Sachs US software equity research analyst Kash Rangan, the outlook is positive despite the size of current investments:
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