Posted 4/7/2024, 10:55:00 AM
Americans Gamble Billions on Lottery Despite Low Odds as Tech Giants Bet on AI's Trillion-Dollar Future
- Americans spend over $100 billion on lottery tickets every year despite extremely low odds of winning
- Cathie Wood estimates generative AI software could be worth $13 trillion by 2030, presenting a huge investment opportunity
- Palantir Technologies is positioned to capitalize on demand for generative AI with its Artificial Intelligence Platform
- Microsoft invested $13B in AI start-up OpenAI and developed Copilot assistants to increase user productivity
- Analysts see massive revenue potential for Microsoft from Copilot, projecting up to $100B by 2027