At this time last year, a small private company called OpenAI launched something called ChatGPT on Nov. 30 - and changed everything we're used to.
Since then, the world - and the financial industry along with it - has gone artificial intelligence crazy. Microsoft invested billions in OpenAI research and development, and Nvidia's stock price as the GPU makers reached new heights. The burning question for individuals and funds soon became, "How do I invest in ChatGPT?"
Unfortunately, as we all know, OpenAI is still not a publicly traded company. But while investors are patiently waiting for OpenAI's IPO to gain direct access to the ChatGPT revolution, there is time to capitalize on the current situation in IT. These five investment ideas will help you put your assets in the right direction.
The global developer population is expected to reach nearly 29 million by 2024, surpassing the entire population of Australia. And even that figure is not keeping pace with demand. Certain areas of IT are evolving so rapidly that not investing in them is a big omission.
The move to Agile, DevSecOps and cloud engineering has become commonplace in recent years. Today, a new trend, or DevEx: a developer-centric mindset that considers every touchpoint between software engineers and software, is emerging for companies dedicated to attracting and retaining top technology talent.
AR is a medium that can overlay a digital layer on the physical world to create a special immersive reality. Augmented reality is so immersive that major players are investing in it today. The global AR device markets in 2022 are estimated to be worth $38.6 billion, with a compound annual growth rate of 36% for related software and hardware through 2030.
This year, we saw the capabilities of the Metasuniverse evolve in new directions. They have moved from the status of a publicly available toy to that of a business tool. Space technology is especially being utilized by industry. Revenues generated from the industrial meta-universe are expected to reach nearly 100 billion dollars by 2030. This will far exceed consumer ($50 billion) and business ($30 billion) revenues.
While the true potential of this field is still a long way off, innovators are building the infrastructure now. In the next 18-24 months, companies should look to the value-added opportunities of such technologies. With next-generation interfaces such as smart glasses, the space network will allow us to interact with real-time information generated by our physical environment.
Given such opportunities, the space computing market could surpass previous estimates. Some forecasts predict it will exceed $600 billion by 2032.
After years of investment in once cutting-edge technologies, companies are facing a broader set of core technologies. It includes mainframes, networks, and data centers that are in desperate need of upgrades.
In the coming years, companies will likely develop a customized and integrated plan to heal the entire technology stack, including investments in self-healing technologies that will reduce tomorrow's modernization needs.