The adoption of AI by global knowledge workers is on the rise, with 75% now using AI, indicating significant enterprise-level adoption. However, there is concern about the disparity between the massive investment in Nvidia chips for AI technology compared to the revenue generated by AI startups. This contrast raises questions about the valuation of Nvidia stock, which has shown exceptional revenue growth but is trading at a high price to earnings ratio.
Nvidia has ridden the AI wave all the way to the top of the public markets, exceeding the market cap of Apple and Microsoft to become the world's biggest company for the first time. NLW discusses what it says about the state of AI in public markets.