23:49:01 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Amazon.com CDRs (CAD Hedged)
Symbol AMZN
Shares Issued 19,600,000
Close 2024-03-22 C$ 21.53
Market Cap C$ 421,988,000
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Globe says Meta, rivals hear AI is where it's at

2024-03-25 07:58 ET - In the News

See In the News (C-META) Meta CDR (CAD Hedged)

The Globe and Mail reports in its Saturday, March 23, edition that the excitement about artificial intelligence has been likened to the hype around the Web in the late 1990s. The Globe's guest columnist Tom Bradley writes that in hindsight, the Web far exceeded expectations. We will not know whether AI will live up to the hype until years from now, but the early indications are impressive. AI will allow non-tech companies to lower costs and redefine customer service. Perhaps the most exciting outcomes will be in health care where a rapid acceleration of drug discovery is already evident. Suffice it to say, we are going through a fascinating time when massive economic and technological trends are starting, ending and pivoting. Mr. Bradkley says his commentary only scratches the surface of what outcomes we can expect from AI. Mr. Bradley says we have a front-row seat to watch it all unfold, so perhaps it is the time to put on your noise cancelling headphones and spend more time thinking about the long-term drivers of investment returns and less on idle speculation about rates, recessions and elections, which he calls "short-term noise."

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