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Chamath Palihapitiya Says Voice Will Be the "Front Door" for the Next Phase of Artificial Intelligence (AI): Here Are Some Ways to Explore the Investment Opportunity [Yahoo! Finance]
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Breakthroughs in AI are leading to sweeping changes in accelerated computing, healthcare, e-commerce, and more. It seems like the possibilities are endless, and the technology is destined to disrupt more and more areas of everyday life. One application in the AI realm that is often overlooked is voice-recognition technology. But believe it or not, you interact with this feature of AI quite often. Billionaire venture capitalist Chamath Palihapitiya recently took to X (the social media platform formerly known as Twitter) to predict that applications in voice will be the "front door" to the next frontier of the AI revolution. Let's break down the market for AI-powered voice software, and explore some investment opportunities in the space. How big is AI-powered speech? A number of companies compete in the voice-recognition software market. Apple entered the niche through its acquisitions of Siri and Shazam. The Siri virtual assistant has become integrated throughout Apple's ecos
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