Artificial intelligence isn't new technology. It grew in popularity after ChatGPT was released to the public late last year.
The largest beneficiaries may not even be technology firms, but those that use and benefit from AI products and services, he said.? Today's"niche" companies and those seen as AI leaders are unlikely to be the biggest winners for long-term investors, said"I've been through this enough to see that the niche players early on may not, in fact, be the long-term plays," Glassman said.
The technology isn't new. But its prominence grew after the San Francisco-based firm OpenAI debuted ChatGPT to the public in November. The AI chatbot quickly went viral. Users leveraged the program to write essays, song lyrics and computer code, among other tasks.