ARTIFICIAL INTELLIGENCE PART 2
In last week’s post, we discussed what AI (Artificial intelligence) was, how it worked, and where it could be found. This week, we’re looking at how companies hitched their wagons to AI and it positively affected their stock.
To me that’s a huge sign for us, it’s almost like a nudge from the Holy Spirit saying to us, “Watch, listen, and learn. Then move when I say move!” So that’s just what we’re going to do!🤸🏿♀️
Let’s start with Eastman Kodak (KODK). In 2018 they announced that they used blockchain to create a new platform for digital photography with their own digital currency called KodakCoin. After the announcement was made their stock surged more than 30%!
Last week we saw that Buzzfeed (BZFD) stock exploded after they decided to work with OpenAI to use artificial intelligence to help create content for their audience. CNN Business reports that this marks “a milestone in how media companies implement new technology into their businesses.” This move caused BZFD stock to jump by 150%.🙌🏾
Companies will do whatever they deem necessary to keep their business afloat and keep their stock rising above the waves, and if artificial intelligence is the new wave of the future, then so be it! For instance, have you heard of CHAT GPT? It stands for Chat Generative Pre-Trained Transformer and it’s a chatbot launched by OpenAI in November last year.
According to Procoders dot tech, the chatbot is “a sophisticated language processing system that can understand the context of messages, generate coherent answers, translate texts, write code, and more.” Imagine using a bot for your copywriting, or for customer support with your business, and translation.
Chatbots can also assist with collecting leads for your marketing team by asking the visitor for their information in order to start the chat. I’m sure you’ve already experienced that before. Before the live person comes to help you (if they ever do 🙄) the chatbot has already gotten your name, email address, and account number.🤷🏾♀️
When you have some spare time, do a google search on artificial intelligence (AI) and see the many different areas it branches into. Go to the Yahoo Finance website and check out some of the companies that use or promote AI and see what their stock is doing. This isn’t going away, it’s the wave of the future. You snooze, you lose!
See you next Friday!
Copyright ©2023 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™. The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post