There's a 'submarine trend' in the tech world, and it's affecting nearly every company you know (AMZN, AAPL, FB, NFLX, GOOGL)

pulse

January 1, 2018 1:06 PM

Artificial intelligence took the world by storm in 2018, but its impact on the tech world is hard to measure.

Artificial intelligence took the world by storm in 2018, but its impact on the tech world is hard to measure.
Because the technology is woven into everything a modern tech company does, it doesn't show up in a profit and loss statement, for example.

One of the biggest tech trends of the year is also one of the hardest to quantify.

Artificial intelligence has started to creep into almost presentation, product announcement and business plan from Silicon Valley in the last 12 months, and it's for a good reason. Artificial intelligence, when it works, can solve a lot of problems that were previously impossible.

"[AI] is

Perhaps then, the best way to quantify AI's impact on the tech world is to look at how much is being spent on research and development at the top tech companies.

Tech companies outperformed the general market by a wide margin in 2017, and Mahaney said that the huge investments tech companies make in developing new technologies is one of the biggest reasons for continued earnings and stock price growth.

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