Note: If you don’t want to read this entire article, start with the ending. Then I guarantee you’ll read the whole thing.
Artificial intelligence (AI) is rapidly changing our daily lives in ways we may not even realize.
From personal assistants on our smartphones to self-driving cars, AI is becoming an increasingly prevalent technology that is affecting everything from how we work to how we play.
Here are five ways that AI is changing our lives, followed by five companies you can invest in to potentially make money from it.
One of the most visible ways that AI is changing our lives is through the use of personal assistants like Siri, Alexa and Google Assistant. These AI-powered tools allow us to access information, play music and even control our home appliances with just our voice.
As the technology continues to improve, we can expect these personal assistants to become even more integrated into our daily lives, doing everything from booking our appointments to ordering groceries.
Most recently, the AI-powered chatbot known as ChatGPT has proven it can carry on a conversion, respond to writing prompts and more, as we detail in “6 Surprising Things ChatGPT Can Do for You.”
AI is also being used to revolutionize health care. Machine learning algorithms can be used to analyze vast amounts of medical data to help doctors make more accurate diagnoses and to develop new treatments for diseases.
In the future, AI-powered robots may even be used to perform entire surgeries on their own. Robotically-assisted surgical (RAS) devices like Da Vinci surgical systems already are working alongside human surgeons to perform minimally invasive procedures, such as gall-bladder removal, hysterectomies and prostatectomies.
Self-driving cars are another area where AI is changing our lives. Companies like Tesla, Waymo and Uber are already testing autonomous vehicles on the road, and it’s only a matter of time before they become a common sight on our highways.
Self-driving cars have the potential to reduce accidents and make our roads safer, while also making transportation more efficient and accessible.
AI is also being used to develop robots that can perform a wide range of tasks. From manufacturing and assembly line work to search and rescue missions, robots are becoming more and more versatile.
As the technology continues to improve, we can expect to see robots becoming more integrated into our workplaces and even our homes.
AI is also being used to create more realistic and engaging video games. From virtual reality games to online multiplayer games, AI is being used to create more dynamic and interactive gaming experiences.
How to make money off AI
Now let’s look at five companies behind AI technology that you can invest in today.
Note: These are stocks, which means they carry risk. Also, these companies do lots of other things besides AI, so advances in AI won’t necessarily translate into advances for these stocks.
Alphabet (GOOGL): Alphabet, the parent company of Google, is a leader in the development of AI technology.
Google has been working on AI for many years, and the company’s research has led to the development of several AI-powered products, including Google Assistant, Google Translate and Google Photos.
The company is also heavily investing in the development of self-driving cars and health care AI.
Nvidia (NVDA): Nvidia is a leading technology company that specializes in the development of graphics processing units (GPUs) and AI technology.
The company’s GPUs are used in a wide range of AI applications, including deep learning, computer vision and natural language processing.
Nvidia has also developed its own AI platform, called the Nvidia Deep Learning GPU Training System, which is used by companies and researchers around the world to develop AI models.
Amazon (AMZN): Amazon is a leader in the development of AI technology, particularly in the areas of natural language processing and machine learning.
The company’s Alexa virtual assistant is one of the most popular AI-powered personal assistants on the market, and the company is also heavily investing in the development of self-driving cars and health care AI.
Microsoft (MSFT): Microsoft is another technology giant that is heavily invested in the development of AI technology.
The company’s Azure platform is one of the most widely used cloud-based AI platforms, and Microsoft is also working on the development of AI-powered products such as its Cortana virtual assistant and its HoloLens augmented reality headset.
Baidu (BIDU): Baidu is a Chinese technology company that specializes in the development of AI and internet-related technology.
The company’s search engine is the most widely used in China, and Baidu is also heavily investing in the development of AI-powered products and services such as self-driving cars, natural language processing and computer vision.
Baidu also operates an AI research institute and open platform for AI developers.
And now a special note for readers who don’t understand how AI is a game-changer: This entire article was written by a free AI service, ChatGPT, in less than 30 seconds. All I did was a bit of formatting, as well as adding the stock disclosure.
Of course, I also had an editor thoroughly review and fact-check the article. She corrected one fact error, added two sentences (those about ChatGPT and robotically-assisted surgery), and added the photos and page breaks.