{"id":63746,"date":"2023-03-19T12:46:02","date_gmt":"2023-03-19T19:46:02","guid":{"rendered":"https:\/\/drduru.com\/onetwentytwo\/?p=63746"},"modified":"2023-03-19T21:36:57","modified_gmt":"2023-03-20T04:36:57","slug":"latest-lap-generative-ai-trade","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2023\/03\/19\/latest-lap-generative-ai-trade\/","title":{"rendered":"The Latest Lap On the Generative AI Trade"},"content":{"rendered":"\n

Stock Market Commentary:<\/strong><\/h2>\n\n\n\n

The trade on Generative AI<\/a> took a surprising turn last week as investors and traders rushed to related names as if they offered safety from the banking Panic of 2023. Some stocks shot straight up for the week. The renewed interest surprised me because I just happened to write about this trade right at what looked like peak hype in the U.S. Google search trends for “ChatGPT”<\/a> hit a peak over a month ago. Interestingly, the worldwide hype cycle continues to hit new highs. (It is possible that China’s restrictions on access to ChatGPT<\/a> has pushed people in the country to Google (via VPN?) to find creative ways to gain access).<\/p>\n\n\n

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\"The<\/a>
The index for Google search trends on ChatGPT<\/a> peaked right on February 9, 2023. <\/em><\/strong><\/figcaption><\/figure>\n<\/div>\n\n
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\"Chinese<\/a>
Chinese users seem to be driving increasing Google search worldwide interest<\/a> on ChatGPT.<\/em><\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n

Perhaps a chorus of skeptics in the U.S. is working magic on dousing the ChatGPT enthusiasm among the masses. An accelerated news cycle that brought ChatGPT to mass attention is also quickly pointing out flaws and dangers. Yet, the stock market is telling a different story as astute investors and traders see immense future potential. The latest lap on the generative AI trade launched related stocks nearly straight up last week!<\/p>\n\n\n\n

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