Partner Webcast: AI and Adoption - What Does it Mean for Investors and the World?

Generative artificial intelligence (AI) is a rapidly evolving field that has the potential to revolutionize many industries. This powerful technology uses deep learning algorithms to create new and original content, ranging from text and images to music and 3D models. As a result, generative AI has garnered the attention of investors looking to capitalize on its vast potential.

Large language models (LLMs) like GPT-3, the underlying technology behind OpenAI’s immensely popular ChatGPT, are smarter by several orders of magnitude than their predecessors. These technological leaps democratize access to automated decision making in an unprecedented fashion, marking a new chapter in the rise of applied artificial intelligence (AI).

These models are faster, cheaper, and more accurate than previous AI systems, with the potential to spur a massive innovation cycle, boosting productivity and powering a whole new set of applications and tools Our research has found that there is a strong correlation between the rise of global data assets and the revenues earned by public software-as-a-service (SaaS) companies. As global data assets continue to grow, consumption of cloud-deployed software will likely accelerate to keep pace with that demand.

Pedro Palandrani, Director of Research, Global X ETF