3 Companies To Watch FB IBM GOOG GOOGL

SAP Predictive Analytics Industry Use-CasesArtificial Intelligence has long been a staple of technology fiction, from lethal robots in order to destructive, self-aware software. These unrealistic scenarios continue to be compelling, and that’s partially because AI has been creeping directly into everyday life at a rate never seen prior to. From the sudden reality associated with driverless cars to Siri’s smart retorts on the iPhone, AI is really a bigger part of our lives than ever.

How big, exactly, It’s hard to state, but Goldman Sachs predicts AI could be as disruptive as the Internet. AI won’t cause large-scale closures of businesses like the Internet offers, but Goldman Sachs says implementing AI will be necessary for companies in which to stay business. AI would also provide possibilities for fresh businesses to enter the market.

Companies of all sizes are making the foray into AI. Decades ago, this notion would have seemed purely science fiction. Now, it is a tangible opportunity that could pay off to investors.

A Brief History

The notion of practical AI ‘s been around for decades: Back in 1950, the pioneering computer expert Alan Turing proposed the notion of a test that might be used to determine if an AI is indistinguishable from a human in communication.

This Turing Test inspired countless authors and screenwriters imagining what a world of human-like computers would be like.

In reality, developers have aimed at smaller tasks to varying degrees of success. One of the first mainstream successes was IBM’s Deep Blue computer, which took on the reigning chess world champion in 1996. Humanity won the first matchup, but lost to Deep Blue later that year.

AI Today

1996 feels like an eternity ago, and AI is now known for more practical purposes than playing chess. In the medical field, AI saves lives by assisting doctors and reducing errors. In manufacturing, automated factories are demonized by laid off workers, but valued greatly for their incredibly productivity.

Not all advances in AI have to be big or important. The ridiculous-looking Roomba is a household vacuuming robot that has caught on.

Recent Developments

We appear to be on the cusp of a golden age for AI developments and many large, publicly traded companies are getting in on it. Here are some investment opportunities to look out for.

Google/Alphabet (GOOG) (GOOGL)

Google has been increasingly investing in AI, a move that goes beyond its much-hyped self-driving cars that are currently being tested. In October, Google took a stake in a Chinese AI firm started by a former employer.

The company, Mobvoi, focuses on wearable products for consumers and robotics. Less groundbreaking but even more interesting is a brand-new email program that may automatically reply to messages.

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