Wedbush Analyst Dan Ives believes the new technology bull market has begun. He thinks that AI technology spend will go from 1% of IT budgets to 8-10% in 2024.
Dan was surprised by the number of executives and CEOs at the CES (Consumer Electronic Show) who were looking to acquire technology and companies.
Dan believes that will launch an AI only segment of the App Store. Apple will be able to increase value by $500 billion with AI.
Microsoft has changed its keyboard to add a button for the AI coPilot.
Dan indicates there is demand for Tesla’s but less demand for non-Tesla EVs. Tesla will turn the corner on Tesla as an AI play this year with FSD.
Microsoft is leading with AI. Google is competitive with AI.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.