The Second Wave of Artificial Intelligence
The second wave of Artificial Intelligence (AI) marks a significant transition from pure technology development to economic implementation and value creation. This development is driven by various factors, including the current geopolitical situation with protectionism, tariffs, and tensions. These factors not only influence the global economy but also the way companies implement and utilize AI.
Geopolitical Impacts
- Protectionism and Tariffs: The increasing geopolitical instability leads to a heightened focus on national technology developments. Companies and governments invest in AI to strengthen their competitiveness and reduce dependencies on international technologies.
- Tensions: These tensions drive the development of AI, as companies and states seek ways to increase their technological independence while simultaneously gaining economic advantages.
Economic Implications
- Monetization of AI: The second wave of AI is characterized by the necessity to monetize investments in AI. Companies are under pressure not only to achieve efficiency gains through AI but also to generate sustainable revenue growth and improved margins.
- Business Models: Successful companies are those that can not only implement AI but also transform it into viable business models. Examples like Meta with its AI assistant META.AI show that AI technologies can hold significant economic potential.
Technological Developments
- AI Agents: The advancement from generative AI to AI agents enables systems to make autonomous and goal-directed decisions. These technologies will become increasingly significant by the end of 2025, as companies try to keep up with the acceleration of AI.
- Generative AI: Models like Meta’s LLaMA 4 are powerful, efficient, and openly accessible, making them important tools for developers and companies.
Investor Interest
For investors, the second wave of AI is of significant interest as it offers new opportunities for value creation. Valuing AI technologies like LLaMA as implicit call options with high potential value underscores the growing interest in investments in AI. Investors are looking for companies that successfully integrate AI into their business models and can generate sustainable revenues as a result.