Artificial Intelligence gained more and more in popularity in the recent years, and companies are taking advantage of it in order to give them an edge on the market. Paul Mampilly recently produced a video explaining how data generated by Artificial Intelligence gives people a path to follow which leads them to applications in the real world. In addition, he explains why he considers that Artificial Intelligence stocks will be going to start rising high in the coming years.
Paul Mampilly Has Struck Gold Again. Paul Mampilly stated that Artificial Intelligence is currently changing things very quickly, and that businesses need to be aware of it in order to not get left behind. He noted that Artificial Intelligence is already skyrocketing, Gardner (a consulting company) stating that AI is adding around $1.2 trillion of value in 2018, and they think that by 2022 AI will add $3.9 trillion. McKinsey, a consulting and research company stated that AI would generate across 19 industries $3.5 to $5.8 trillion.
Paul Mampilly was a speaker at last year’s Total Wealth Symposium and recommended 3 AI stocks. According to him, the 3 stocks prove that AI has a fantastic future ahead – the best-performing stock he mentioned is currently up 145% in 11 months. The second best-performing stock he recommended is up 86%, and the third one outperformed the S&P 500 by a large amount. He believes that AI stocks will continue to rise through 2020. The reason AI stocks increased by this large amount is because of the fact that a large number of industries can take advantage of it, which creates a huge amount of value for people.
About Paul Mampilly:
He graduated in 1991 from Fordham University and was an assistant portfolio manager on Wall Street for Bankers Trust. After mastering the art of investing, he built his career serving for a number of legal firms. In 2006 he was managing Kinetics Asset Management’s hedge fun. He won the competition held by Templeton Foundation, a win that is even more telling of his skills in the world of finance given that it came during the 2008 and 2009 financial crisis. Nowadays he works as an advocate.
For More info: www.stockgumshoe.com/tag/paul-mampilly/