
We recently published a list of 10 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where GitLab Inc. (NASDAQ:GTLB) stands against other trending AI stocks on latest news and ratings.
For centuries, work has been about physical abilities on farms in the factories and industries. There has been a paradigm shift in recent years, with work being about intellectual abilities. The trend is gathering steam as artificial intelligence increasingly disrupts global industries and workforces.
The emergence of AI is igniting a fresh conversation. As automation assumes more manual jobs and artificial intelligence dominates more cognitive functions, humanity will be characterized by its social skills. “But [generative AI] isn’t just another invention,” said Aneesh Raman, chief economic opportunity officer at LinkedIn. “It’s a turning point, forcing us to rethink not just what work is, but what it means to be human at work.”
If generative AI fulfills its promises, the worldwide job market will be drastically transformed, according to a Goldman Sachs report regarding the rise of AI. The investment firm projects that 300 million jobs may be eliminated or reduced due to this rapidly advancing technology.
Goldman argues that automation fosters innovation, resulting in the emergence of new job categories. AI will bring about cost reductions for businesses, allowing them to allocate their resources towards developing and expanding operations, which could boost global GDP by 7% annually.
Content retrieved from: https://finance.yahoo.com/news/gitlab-inc-gtlb-accelerating-devsecops-231055377.html.