Let’s be honest – no one thought much about Apple Inc. (AAPL) in the late 1990s. Well, in hindsight, there was a big reason to buy Apple.
Suddenly, it was the experience of the internet that mattered. The internet’s “Stage 1” telecom companies melted away, and a new “Stage 2” cohort of winners began to dominate.
People’s experience with AI is beginning to matter. It’s a pivot from “Stage 1” to “Stage 2” happening in front of our eyes. That means we investors will want to be on the lookout for these companies.
This post originally appeared at InvestorPlace.