Topic: How To Invest

Q: Pat: Can you do a Q & A, please, for members on the best short-term and long-term way to capitalize on the growing trend and science of Artificial Intelligence, AI? Would it be by investing in IBM? Chipmakers? Please give an analysis of the best plays. Thanks!

Article Excerpt

A: Artificial intelligence is essentially the merging of today’s big computing with big data. The highest form of AI, known as “deep learning,” involves loading a powerful computer system with millions of pieces of labelled information and waiting for it to categorize and sort data then make connections. In theory, those computer systems can then contextualize the information (and inputs) they receive. Such a model is designed to replicate, to a lesser extent, the connectivity of the human brain. AI has resulted in breakthroughs in everything from creating machines that can recognize faces with more accuracy than a human to the development of self-driving cars. Some of the most practical advances in AI have been made in relation to speech. Voice recognition is still far from perfect, but millions of people are now using it. Think Siri, Alexa and Google Assistant. Machines have already beaten the best human players in, say, poker—an achievement experts had predicted would take at least another decade. Google’s DeepMind…