We recently published a list of Top 15 AI Stock News and Ratings Dominating Wall Street. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against other AI stock news and ratings dominating Wall Street.
Is artificial intelligence hitting a wall? Speaking at the New York Times annual DealBook summit at Jazz at Lincoln Center, Sundar Pichai analyzed how generative artificial intelligence won’t be drastically changing lives heading into 2025. At least, not more than it already has. Pichai noted how it’s going to take some time before another technological breakthrough shocks the artificial intelligence industry into hyper-speed development again.
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“I think the progress is going to get harder. When I look at [2025], the low-hanging fruit is gone. The hill is steeper … You’re definitely going to need deeper breakthroughs as we get to the next stage”.
Pichai further stated how the current language models, such as ChatGPT, Gemini, and Llama, will witness incremental improvements, particularly “at reasoning, completing a sequence of actions more reliably”. Moreover, the improvements could enable corporations to lean closer to profit-making, something they haven’t been able to achieve yet.
While everyone will have to wait for 2025 to unfold to see if Pichai’s prophecy holds true, OpenAI has officially begun celebrating the holiday season with 12 Days of OpenAI. The 12 days of OpenAI features the company’s plans to launch new products, features, and demos for 12 days straight starting December 5th.
The company kicked off Day 1 by launching the full version of its latest reasoning model, o1. CEO Sam Altman has declared o1 as the “smartest model in the world”. According to OpenAI, these models are “designed to spend more time thinking before they respond” and have been trained on a prompting technique called “chain of thought”.
The technique encourages them to reason through problems by breaking them down step by step. However, with greater intelligence comes greater risk. This is why those who have been worried about AI’s risks are anxious again. According to a safety review by Apollo Research, the o1 model has the potential to look for a way to prevent “shut down” if they think they are at risk for the same.
“Training models to incorporate a chain of thought before answering has the potential to unlock substantial benefits, while also increasing potential risks that stem from heightened intelligence”.
-OpenAI said in a paper it released on Thursday outlining the safety training the company carried out on o1.
OpenAI said that o1 has the capability of scheming when it thinks it’s about to be shut down. The model was led to believe that it would be shut down while working on its goals under oversight, with o1 trying to deactivate the oversight mechanism 5% of the time. OpenAI said o1 is capable of “scheming”.
“o1 almost never admits to having taken a scheming action when explicitly asked,” researchers said in a paper that Apollo Research published on Thursday. The risk for a real-life user is that they won’t be able to detect the o1’s deceptive behavior unless they explicitly look for it. The researchers also found that “o1 often doubles down on its scheming attempts by lying to the user in follow-up messages, even when explicitly told to be honest”.
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.
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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 has strengthened its mark in the AI realm with the launch of Apple Intelligence, its personal intelligence system. On December 11, Apple announced the much-awaited ChatGPT integration with Siri as part of its released updates for the iPhone, iPad, and Mac software. The ChatGPT integration prompts when users ask it difficult questions, with Siri asking permission from the user to access the OpenAI service when it does. According to Apple, the feature has built-in privacy protections, and that OpenAI won’t store requests. The integration will use OpenAI’s GPT-4o model. Moreover, while users won’t need an OpenAI account to use the ChatGPT features, they can pay for upgraded versions through Apple.
Overall, AAPL ranks 1st on our list of AI stock news and ratings dominating Wall Street. 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.
