Goldman Sachs Says We Are at the Beginning of a New Revolution with Artificial Intelligence (AI)

Goldman Sachs is stating that there is currently no artificial intelligence bubble happening and that we are actually in the early stages of a new technology revolution.

The rise in technology stocks worldwide and the increasing interest in the artificial intelligence market, while seen by some as reminiscent of the dot-com bubble of the late 1990s, is considered a misconception according to an analysis by Goldman Sachs in the latest news from Cointelegraph.

“We believe we are still in the early stages of a new technology cycle poised to deliver additional strong performance.”
Peter Oppenheimer, Chief Global Equity Strategist at Goldman Sachs
Investments Could Surpass $200 Billion

However, Goldman Sachs also predicts a significant increase in investments in the global artificial intelligence sector, with estimates suggesting these investments could exceed $200 billion by 2025.

Furthermore, artificial intelligence stocks have played a crucial role in recovering the entire S&P 500 index after a setback in 2022. Yet, according to Goldman Sachs’ analysis, the valuations of these companies are not as inflated as during the dot-com bubble era in the past. However, at this point, there is also a belief that the market downturn seen after the internet bubble burst in 2000 is not likely to repeat itself.

Expectations of More Growth in the Field of Artificial Intelligence in the Future

Finally, the report continues to emphasize the strong financial positions of these artificial intelligence companies and their potential to offer attractive returns to investors. Therefore, it is expected that there will be more growth and success in the field of artificial intelligence in the future.

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