"You look at companies like MercadoLibre ... a lot of companies that people have kind of forgotten about as [investors] moved in to the Magnificent Seven -- I think there are going to be a lot of internet companies that are benefited by AI," Gerstner told CNBC's Scott Wapner at the Goldman Sachs Communicopia conference this month. "It's not only margin expansion, but reacceleration at the top, where they can acquire customers, improve products in a way that make it easier for customers to buy, and take friction out of the system."
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