We recently compiled a list of the Top 9 Game-Changing Stocks for AI Revolution. In this article, we are going to take a look at where Bridgeline Digital, Inc. (NASDAQ:BLIN) stands against the other stocks.
Artificial intelligence that is smarter than humans could be more dangerous than helpful. That’s the sentiment echoed by some of the world’s most prominent AI scientists. Max Tegmark, a professor at the Massachusetts Institute of Technology and Yoshua Bengio, “godfather of AI” and a professor at the Université de Montréal, have raised concerns about the proliferation of AI agents without guardrails.
According to Bengio, there is a greater risk in developing artificial intelligence agents without safeguards or knowing how they will behave.
“Do we want to be in competition with entities that are smarter than us? It’s not a very reassuring gamble, right? So we have to understand how self-preservation can emerge as a goal in AI,” Bengio said in a podcast on CNBC.
Tegmark believes there is a need for safety standards to govern how AI tools operate. The ultimate goal is to have powerful AI agents or tools that are simultaneously under human control.
“I think, on an optimistic note here, we can have almost everything that we’re excited about with AI … if we simply insist on having some basic safety standards before people can sell powerful AI systems,” Tegmark said.
In 2023, Tegmark’s Future of Life Institute recommended halting the creation of AI systems that could rival humans in intelligence. Although that hasn’t happened, Tegmark stated that the topic is being discussed and that it’s time to act to determine how to implement safeguards to regulate AGI.
Sentiments by the two AI scientists come on the heels of US President Donald Trump repealing former President Joe Biden’s guardrails that sought to govern the development of artificial intelligence. One key provision under the previous order was the requirement that tech companies develop the most advanced AI models and share details about their work with the government before releasing them to the public.
While tech giants had welcomed the AI safety measure, there was disquiet among some big players insisting that the order, which invoked the Defense Production Act, had the potential to derail the nascent industry. Venture capitalist Marc Andreessen had already warned before Trump came to office that the Biden order would deliberately affect AI development given the onerous regulations in play.
Trump had always been vocal against the AI safety measure, reiterating during the campaigns that it hindered innovation and imposed radical leftwing ideas on technology development. However, free speech was not restricted by the Biden order itself.
Certain provisions of the Biden AI measure sought standards for watermarking AI-generated content in an effort to lessen the risks of impersonation and abusive sexual deepfake imagery. Several federal agencies were also instructed to protect against the possible negative effects of AI applications, cautioning against careless applications that reproduced and intensified existing inequities.
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 successful business professional using a mobile device to access the company’s innovative online B2B and B2C commerce solutions.
Bridgeline Digital, Inc. (NASDAQ:BLIN)
Number of Hedge Fund Holders: 3
Bridgeline Digital, Inc. (NASDAQ:BLIN) is a leading provider of marketing technology. It offers HawkSearch, an AI-powered site search, recommendation, and personalization application for marketers and developers. On February 6th, the company confirmed that a leading supplier in the plumbing industry had tapped its AI-powered HawkSearch solution.
Integration of HawkSearch should allow the supplier to optimize digital engagement by leveraging AI-powered product discovery and intelligent search solutions. The supplier is to use HawkSearch to enhance customer experience and drive revenue through advanced search capabilities.
“We’re proud to support this major supplier with the launch of HawkSearch,” said Ari Kahn, CEO of Bridgeline Digital, Inc. (NASDAQ:BLIN). “By implementing HawkSearch, they are equipping their customers with cutting-edge tools that simplify product discovery, enhance engagement, and drive measurable business growth.” HawkSearch continues to elicit strong interest, a global manufacturer of life safety equipment, having integrated it into its operations last month.
Overall BLIN ranks 7th on our list of the game-changing stocks for AI revolution. While we acknowledge the potential of BLIN 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 BLIN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.
Disclosure: None. This article was originally published at Insider Monkey.
