Great article on BusinessLine on Artificial Intelligence from the perspective of technology adoption and market – Link
As of now (July 2023), AI in the “Innovators” stage.
AI Value chain
Chip Makers > AI Model Builders > Cloud companies that hosts these models > Companies that put these models to use.
Currently market maturity is that the chip makers, Model builders and cloud companies bake in the AI Gold rush into their valuations.
Next level in AI value chain could come from Digital World functions such as Marketing, Customer Service or internal functions to reduce cost.
Companies that are hot in AI today – Nvidia (Chip maker), Microsoft (Azure – Cloud), Alphabet (Bard, other tools), AWS (Cloud), Tesla (Automated cars), Apple (Chip making?)