While rapid advances in artificial intelligence have the potential to reshape the economy and society, the technology's market size will exceed $1 trillion in the coming years.
Artificial intelligence (AI) has begun to play an important role in many industries in recent years. These technologies are used for tasks such as automation, data analysis, and decision-making in industries such as healthcare, finance, retail, and manufacturing.
With the increasing adoption of artificial intelligence, the market size is also expected to grow rapidly in the coming years.
Although experts predict rapid growth in the field of artificial intelligence in the coming years, companies are competing for the "best minds" in the field.
According to a study by Grand View Research, the artificial intelligence market, which was $196.6 billion last year, is expected to reach $1.8 trillion in 2030, an average growth of more than 36 percent.
Investor interest seems to be particularly focused on the stocks of large technology companies such as Apple, Alphabet, Microsoft, Amazon and Meta.
Microsoft is the largest company in the United States with a market value of more than 3.19 trillion dollars.
While Apple is the country's second most valuable company with $2.91 trillion, Google's parent company Alphabet, which has been focusing on artificial intelligence for about 7 years, has a market value of $2.18 trillion.
Amazon, which has focused on artificial intelligence and machine learning for more than 20 years, has a market value of $1.8 trillion.
Google's parent company, Alphabet, posted a net profit of about $74 billion in 2023, while Microsoft reported a profit of more than $72 billion. Meta's annual profits were almost $40 billion last year.
