Artificial intelligence changes not only the way we work, but besides the full technological market. Which areas can benefit most from this trend, which situation differs from the web bubble and where are the top risks?
How will artificial intelligence change our lives and jobs?
I believe that artificial intelligence will aid us first and foremost halt dealing with any of the things that are unnecessary or unnecessary to us. This will enable us to devote more time to tasks requiring creativity and little repetitive activities.
Already now, AI makes it very easy to execute many tasks. We can automate e-mailing or taxation settlement. In my opinion, the improvement of artificial intelligence can be divided into respective stages.
The first phase was the appearance of a widely available AI assistant. The breakthrough occurred in 2022 erstwhile ChatGPT was made available to a wider group of users in late November. Then we got a tool that began to help, among another things, with translations. It was no longer essential to go to an interpreter or to translate texts after a conviction – you could throw the full text and do the task much easier. specified an assistant was besides able to aid compose emails or many another regular activities.
Now we're in the next stage. In my opinion, it began about in the first half of 2026 with the emergence of truly functioning AI agents.
The difference is that artificial intelligence not only helps us execute a single, well described task. We can tell her the effect: book me a journey or settle my taxes. If AI has access to the applicable data, specified as data from brokers or corporate invoices, it can do the full task on the basis of them.
The 3rd phase will be automation of physical activities.
Today we frequently hear that artificial intelligence will not take distant the work of a plumber or a bricklayer. In the future, however, robots can emerge, thanks to which AI will get out of the screen and will besides begin to execute many repetitive physical works.
Is AI a bubble akin to an online bubble?
Comparison of the current situation to the online bubble of 2000 appears very frequently and I think it is interesting.
At the time, there was a group of about 10 large companies that were pulling the marketplace up. Indexes specified as S&P 500 or Nasdaq were driven by technology companies, frequently with “.com” in the name. In this respect, we can see a similarity to what is happening today.
However, there is simply a very crucial difference.
Today, the situation is different from that of the net bubble. The largest technology companies not only have advanced valuations, but above all ]]>generate real profits]]> and large cash flows.
In 2000, many companies were valued at 100 or even 200 times their yearly profits, and any of them had not yet earned any money. By comparison, the average valuation of the marketplace historically was about 18 times profits, while present it may be closer to 25 times.
Today, the largest technology companies sale software, cloud services and another solutions on a immense scale, and their revenues can grow by 20%, 30%, 50%, and in utmost cases by up to 100% per year.
This means that a company that earns a million zlotys today, with specified a advanced growth rate, can make two, 3 or even 4 million dollars in subsequent years. And it is this ability to increase the scale of business very rapidly that is 1 of the most crucial differences with many companies in the era of the net bubble.
The most crucial technology companies are in the United States
The planet of technology doesn't end in the United States, of course, but that's where I think it is. ]]>best and highest quality technology companies]]>.
Microsoft, Google, Nvidia or Meta – the largest companies of this kind are located in the USA.
Outside the States, there are besides companies with very crucial technologies. An example is German SAP, providing software utilized to manage businesses, production or warehouses worldwide, even though the software itself is rather archaic.
Another example is the Dutch ASML, which provides unique global-scale machines utilized in chip production.
Continue reading: ]]>Is technology companies the basis?]]>
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Author: ]]>Karol Natonik]]>
