The Future of AI: Unlocking the Potential of Generative AI and LLMs
The rapidly expanding AI landscape has sparked a surge in demand for AI software and hardware, with analysts at Macquarie predicting a total addressable market (TAM) of $436 billion for Generative AI and Large Language Models (LLMs) across knowledge workers, enterprise use cases, and education.
The future of AI is rapidly taking shape
Macquarie’s analysts highlighted the sector’s continued market multiple expansion and fundamental performance, driven by expectations of tangible use-cases that may transform businesses, technologies, and sectors. The firm emphasized that popular imaginings of an AI future often gravitate towards ideas of artificial general intelligence, with initial interactions with generative AI/LLM platforms fueling this vision.
“We see a future where these platforms are not simply the difference between Google Search and Bing — i.e., a similar product from different companies — but where differentiation comes from the art in the algorithms that can turn written words into other mediums.”
The analysts identified Microsoft, AppLovin, Wipro, and SoftBank Group as stocks they like in the sector, citing their potential to drive innovation and growth in the AI landscape.
AI stocks to watch
As the AI landscape continues to evolve, one thing is clear: the potential for growth and innovation is vast. With a TAM of $436 billion, the opportunities for businesses, technologies, and sectors to transform are endless.
The future of AI is full of possibilities
In conclusion, the future of AI is rapidly taking shape, and the potential for growth and innovation is vast. As the sector continues to expand, one thing is clear: the possibilities are endless.
