Artificial Intelligence in Genetics
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10856672/
AI has been a disruptive force for a while now. NVIDIA is just one crude example of how this industry has seen drastic uptick in the last decade and will continue to shake the markets in the future. If you are just waking up to this hype, don’t worry, you didn’t miss out on much. The big moves have only begun, and although this technology is still sporadic, the trends are still fresh.
Technological shifts don’t happen often, but when they do, an immense number of investment opportunities are created. If you had invested $1000 in NVIDIA back in 2019, that money would’ve turned into $20,000 in 2024. Is this just luck or do we need to understand more about this industry? This question indeed haunts many these days.
I’ve been following the latest developments in tech and especially AI for the good part of the last decade, and one thing has become clear. Those who understand how AI is perceived in the market and its capability can reap exponential benefits from investment opportunities. For starters, AI is being used across a plethora of industries and is garnering billions in investments from firms across the world.
Medical research, banking, manufacturing, testing, digital media, and I can go on. One industry that will see a huge shift in the coming years due to AI is pharma. AI can be used to speed up the process of genome sequencing allowing companies to speed up their research and eventually pipeline progress. This will not only attract more investors in coming years but also create new avenues for investing.
For instance, Taiwan Semiconductor Manufacturing Co Ltd, the go-to chip maker for companies like, , and has seen tremendous growth in the last six months. SK Hynix, another chip supplier of NVIDIA, began mass production of the next-generation memory chip in March of this year, further fuelling speculations of AI’s massive growth in the future.
The biggest thing to note here is that, although many industries rely on AI these days, prominent AI stocks are being controlled by a handful of companies. If you want to invest in AI in 2024, your best bet is , , , , , , and .
I’m keen to hear any opinions on this. I strongly believe that this sector will grow in the future, albeit at the cost of some turmoil here and there. Any recommendations other than the ones I mentioned? AI stocks are a must in a tech portfolio imo, but where are/did you start investing in AI?
Alphafold from Deepmind is the only thing that comes to mind when you say protein folding but that technology is yet to be profitable on its own if I'm not wrong. on the other hand, can be a great pick. They launched a digital tool in July last year that aids surgeons in gathering data which has shown promising results. is another off the top of my head. In their recent press releases, they've hinted at using AI to improve fields like radiology. you might also want to look at if you're interested in the drug discovery sector.
I agree, AI has yet to shake the pharma industry from the ground up. there are a lot of use cases that can be applied to AI like protein folding etc. Been looking for companies that are investing in this sort of thing, are there any you would recommend?