|
By John GLADWYN, Senior Investment Manager, Pictet Asset Management
While the ideas behind AI have been around longer than most investors have been alive, an area which had previously been regarded as the preserve of computer science departments has gone mainstream.
But even if tech stocks have experienced a strong rally, the AI revolution is still in its very early stages.
The key foundation models – the neural networks of AI trained on huge data sets – are rapidly increasing in size, delivering major gains in capability with each iteration. It will be interesting to see to what extent Google's new Gemini model, which is due to be released this autumn, is an improvement on the current large language models (LLMs).
...
|