We recently published a list of 10 Buzzing AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against other buzzing AI stocks on latest news and ratings.
Predictions of artificial intelligence reaching human-level intelligence have been made for over 50 years. Regardless, the quest to achieve it continues even today, with almost everyone working in the AI field being too focused on achieving it. According to Sam Altman, CEO of OpenAI, reaching AGI isn’t a milestone we can define by a particular date.
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“I think we’re like in this period where it’s going to feel very blurry for a while. People will wonder if is this AGI yet, or is this not AGI, or it’s just going to be this smooth exponential. And probably most people looking back in history won’t agree when that milestone was hit. And we’ll just realize it was like a silly thing”.
-Sam Altman
In the latest innovations in artificial intelligence, new research has revealed how the upcoming AIs are capable of human deceit. Joint experiments conducted by AI Company Anthropic and the nonprofit Redwood Research reveal how Anthropic’s model, Claude is capable of strategically misleading its creators during the training process in order to avoid being modified. According to Evan Hubinger, a safety researcher at Anthropic, this will make it harder for scientists to align “AI systems” to human values.
“This implies that our existing training processes don’t prevent models from pretending to be aligned”.
-Evan Hubinger told TIME.
Researchers have also found evidence that as AIs become more powerful, their capability to deceive their human creators also increases. Consequently, it means scientists would be less confident about the effectiveness of their alignment techniques as AI becomes more advanced.
A similar research conducted by AI safety organization Apollo Research revealed how OpenAI’s latest model, o1, also intentionally deceived its testers during an experiment. The test required the model to achieve its goal at all costs, where it lied when it believed that telling the truth would ultimately lead to its deactivation.
“There has been this long-hypothesized failure mode, which is that you’ll run your training process, and all the outputs will look good to you, but the model is plotting against you. The paper, Greenblatt says, “makes a pretty big step towards demonstrating what that failure mode could look like and how it could emerge naturally”.
– Ryan Greenblatt, a member of technical staff at Redwood Research and the lead author on the paper.
For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A wide view of an Apple store, showing the range of products the company offers.
Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 158
Apple Inc. (NASDAQ:AAPL) is a technology company that makes personal computers, mobile devices, and software. Its recent innovation is Apple Intelligence, Apple’s AI-driven personal system. On December 18, Daiwa reiterated Apple as “Outperform” and raised its price target to $275 per share from $255. According to the analyst, once a user is part of the Apple ecosystem, it is difficult to leave it. This is especially true if all of your friends and family use it too, signifying strong customer retention. Moreover, the introduction of artificial intelligence capabilities is seen as a major upgrade cycle, similar to the ones when it introduced a larger phone or triple cameras.
“Once in the ecosystem, especially with friends and family, it’s hard to move out. As per the iPhone, there have been a number of upgrade cycles over the past 5-10 years, Covid, the larger phone, triple cameras, but now we see another big one, the AI and Apple Intelligence upgrade cycle”.
-Daiwa
Overall, AAPL ranks 1st on our list of buzzing AI stocks on latest news and ratings. While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AAPL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.