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Tap Into The $80 Trillion Artificial Intelligence Market

“A billion dollars isn’t what it used to be.”

I always get a kick out of that quote. Bunker Hunt said it after he lost most of his fortune in a silver trade gone bad.

Mr. Hunt was ahead of his time. Today, when the largest tech firms’ market capitalizations measure in the trillions, a billion dollars really isn’t what it used to be.

I thought of this when I saw a recent prediction by Cathie Wood, the manager of the ARK Innovation ETF (NYSE: ARKK), among other funds. Wood believes that one new technology will create $80 trillion in market value over the next 10 years.

Now, these are just Wood’s estimates. But they don’t sound out of line to me. Not by a stretch.

So, what’s this $80 trillion opportunity?

We’re talking about artificial intelligence (AI).

The post Tap Into the $80 Trillion Artificial Intelligence Market originally appeared at Money & Markets.