Surging stockmarkets are powered by artificial intelligence
We calculate the extent to which the recent rally depends on tech optimism
Do you buy the hype? The release of Chatgpt, a tool designed by OpenAI, has kicked off a wave of enthusiasm about artificial intelligence (ai). Everyone from spy agencies to law firms is trying to make use of the technology. And investors are working out how they might be able to take advantage by buying ai-exposed firms.
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This article appeared in the Finance & economics section of the print edition under the headline “Great Predicted Turnover”
Finance & economics June 10th 2023
- Who is keeping coal alive?
- Japan’s stockmarket rally may disappoint investors
- Surging stockmarkets are powered by artificial intelligence
- Amoral cities are flourishing in a turbulent geopolitical era
- Regulators put the future of America’s crypto industry in doubt
- After debt-ceiling negotiations, America faces a debt deluge
- A flawed argument for central-bank digital currencies
From the June 10th 2023 edition
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