Artificial intelligence (AI) is taking the world by storm, with influential figures like Jamie Dimon, Bill Gates, and Steve Cohen praising its transformative potential. Dimon compares AI to groundbreaking inventions like the steam engine, while Gates believes its impact could even surpass personal computers. This AI enthusiasm is fueling a stock market surge, with chipmaker Nvidia becoming a top performer. Major banks are also jumping on the bandwagon, seeking AI investments, particularly in emerging markets. However, concerns about a potential bubble exist. One interesting contrast is Dimon's strong support for AI while advocating for a ban on Bitcoin, highlighting the selective nature of his technological optimism.
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