AI brings many promises for the future, as well as energy challenges. Are there solutions?
Bloomberg Intelligence believes generative AI could soar to become a $1.3 trillion market by 2032 as more companies invest in their technical capabilities. How is Alphabet tackling the AI opportunity? The launch of OpenAI's generative AI chatbot, ChatGPT, initially raised concerns that Alphabet's Google Search could see its economic moat erode.
It's hard to understate the power that Walmart, Amazon, and Costco Wholesale wield in the U.S. retail industry and the broader economy. Walmart and Amazon are also the two biggest employers in the country, and Costco is among the top as well. The retailer I'm talking about is BJ's Wholesale Club (NYSE: BJ), the membership-based club chain, generally thought of as the No. 3 operator in that retail subsector behind Costco and Walmart's Sam's Club.