The Blubber

Per Reuters

NVIDIA CEO Jensen Huang recently gave a presentation in which he shared his thoughts about AI and computer programming in general. His thoughts were that because of AI, "everyone can now be a programmer."

Huang: "The programming barrier is incredibly low. We have closed the digital divide. Everyone is a programmer now - you just have to say something to the computer,"

The NVIDIA CEO also detailed how to become a programmer; all people needed to do now was simply speak to the computer. With artificial intelligence tools like ChatGPT, regular people can simply ask the AI tool for codes for them to copy and paste instead of typing up themselves.

The NVIDIA CEO was talking about AI because it had a huge impact on the company. The business recently gave a Q2 revenue forecast higher than Wall Street estimates by 50%.

This was because the company was increasing its supply to meet the demand for artificial intelligence chips. These particular chips can be used to power up ChatGPT and other services.

Huang: "There's no question we're in a new computing era... Every single computing era you could do different things that weren't possible before, and artificial intelligence certainly qualifies,"

While NVIDIA is benefiting from the boom of AI, causing a demand in its chips, Goldman Sachs is cautioning people about making AI investments. The firm noted that the stocks most likely to benefit were Meta, Alphabet, Google, Microsoft, and Amazon.

UBS analysts also shared their concerns regarding how AI could affect the financial markets. They noted that fake information from AI could be "highly disruptive."

The concerns came shortly after a fake photo went viral. The photo showed an explosion taking place near the Pentagon, and although it seemed realistic, it was reportedly generated by AI.

Before the fake photo was addressed, it had already caused panic and affected the market.

See flow at unusualwhales.com/flow.

Other News:

• Goldman Sachs cautions around AI investments, saying stocks to most likely benefit are Meta, Alphabet, Google, Microsoft, Amazon
• UBS analysts say fake AI information could be 'highly disruptive'

Resources:

Reuters