We recently compiled a list of the Top 10 Hot AI Stocks Dominating Headlines. In this article, we are going to take a look at where Helport AI Limited (NASDAQ:HPAI) stands against the other AI stocks.
While AI is transforming industries worldwide and is expected to elevate our society to new heights, Caleb Maresca at New York University shared a contrarian view in his latest study. The economist believes that transformative AI could upend economies, decimating wages and lifting interest rates to extremely high levels.
“My findings reveal that expectations of [transformative AI] can substantially affect current economic conditions even before any technological breakthrough occurs. When AI automates a job — whether a truck driver, lawyer, or researcher — the wages previously earned by the human worker don’t vanish or automatically transform into broader economic gains. Instead, they flow to whoever controls the AI system performing that job.”
-said Maresca
He highlighted that expectations of AI gutting the price businesses pay for work could massively drive interest rates by up to 16% in some scenarios. In such a situation, the cost of launching a new business or purchasing a house could increase to unaffordable levels, which could compel people to save more and spend less, creating a “form of prisoner’s dilemma in saving behavior.”
He urged people to collectively push politicians to enact policies, which ensure that the wealth created by transformative AI is shared broadly, especially if AI leads to persistently high unemployment.
We selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of over 1000 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A scientist at a computer station, surrounded by a neural network of artificial intelligence code.
Helport AI Limited (NASDAQ:HPAI)
Number of Hedge Fund Followers: 6
Helport AI Limited (NASDAQ:HPAI) is an AI firm that offers intelligent customer communication software and services to enterprise clients.
On February 27th, Helport AI Limited (NASDAQ:HPAI) announced the introduction of AI-powered self-learning, multimodal data integration, and advanced real-time data retrieval capabilities to its knowledge base to optimize enterprise knowledge management. Helport AI’s enhanced knowledge base will now leverage advanced self-learning capabilities to improve data accuracy, automate data curation, and streamline information access to increase customer engagement, elevate service efficiency, and enable better decision-making for businesses in diverse industries.
“Organizations need knowledge solutions that evolve with them. With these enhancements, our knowledge base doesn’t just store information—it actively learns, adapts, and provides real-time insights to support enterprise operations at scale. This evolution aligns with our commitment to continuous innovation. By providing enterprises with an AI-driven, intelligent knowledge management solution, we help ensure that businesses stay competitive in an increasingly digital world.”
-said Guanghai Li, CEO of Helport AI.
Overall HPAI ranks 9th on our list of the AI stocks that are dominating headlines. While we acknowledge the potential of HPAI as an investment, our conviction lies in the belief that 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 HPAI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stock To Buy Now and Complete List of All AI Companies Under $2 Billion Market Cap.
Disclosure: None. This article is originally published at Insider Monkey.