With the artificial intelligence (AI) landscape being in the shape it’s in, there’s little surprise that the courts would get involved at some point for some reason. And now, several AI stocks—including Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), Apple (NASDAQ:AAPL), and Baidu (NASDAQ:BIDU)—are seeing movement in the market after a UK court decision. All of them except Baidu are up, to one degree or another, in Wednesday morning’s trading session.
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The court case in question is one that represents a major part of AI development, particularly AI that will ultimately be used in the workplace. Stephen Thaler, a computer scientist from the U.S., wanted a court in the UK to issue patents for inventions that were created by DABUS, a “creativity machine” that he invented. The court denied the patents, noting that the inventor of any device must be a human, or at least a company, rather than a machine. Thaler then took his case to the Supreme Court in the UK, who, in turn, rejected the appeal.
Ownership of AI Products Remains a Problem
The notion of ownership of artificial intelligence products has been something of a thorny problem pretty much since its inception. With several utilities currently on the market that produce items ranging from pictures to music and beyond, the question of who owns that product has been up for debate. Some believe that whoever owns or uses the AI owns the product. Others believe that it’s impossible to declare ownership. Still, others believe whoever created the AI owns the product. Determining this point will be vital to its continued use in business applications.
Which AI Stocks are a Good Buy Right Now?
Turning to Wall Street, AAPL stock is the laggard in the AI field, as this Moderate Buy-rated stock with an average price target of $202.18 offers investors 2.5% upside potential. BIDU stock, meanwhile, offers 50.63% upside potential, as this Strong Buy-rated stock has an average price target of $170.41.
