AI will power the stock market for the next decade, former Cisco CEO says
CSCOCisco Systems(CSCO) cnbc.com·2024-05-22 18:19

John Chambers, CEO of Cisco, at the 2015 CGI Annual Meeting in New York. Adam Jeffery | CNBC Artificial intelligence will power the stock market for the next decade, former Cisco CEO John Chambers told CNBC on Wednesday. Chambers, who is also the founder and CEO of JC2 Ventures, said that AI will not only determine the winners and losers of the tech sector, but that shares related to the technology will likely outperform non-AI stocks about three to one on returns. "AI will power the stock market for the ne ...