BofA stated that the AI ​​boom is still in its infancy.

◻️Bank of America (BofA) announced that the AI ​​boom is still in its infancy. According to the bank's analysis; The impact of AI will be felt in a shorter time compared to previous technology booms.

◼️Investors are making major investments in this area with the expectation that companies will increase their productivity. The report stated that GenAI technology could transform many sectors and affect the global economy in the next 5-10 years.

◻️It was stated that AI spending could exceed 1 trillion dollars in the next few years, and it was noted that this development progressed in a cycle similar to the computer and internet revolutions.

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