Alphabet's AI Journey: Act 2 Looms Large
Alphabet, the parent company of Google, boasts several products with over one billion monthly active users. Analysts at The Motley Fool believe that Alphabet is still in the early stages of its artificial intelligence (AI) journey, which they refer to as 'Act 1.'
The R&D phase, or 'Act 1,' has just concluded, and now comes the global rollout of AI technology, dubbed 'Act 2.' This stage could potentially be 15 times larger than 'Act 1'.
Investors who think they missed the AI boat by not buying Nvidia in 2005 may be mistaken, as The Motley Fool's analysts believe that we are only at the beginning of this new era. To support their claims, they point to Alphabet's strong track record and its dominance in various markets.