Bernstein managing director Toni Sacconaghi said Friday that AI technology will evolve over time, suggesting that some setbacks are likely to take place at times but that the overall concept represents a "clearly breakthrough" innovation. Sacconaghi's comments came in the wake of rising interest in AI during the early part of 2023, spurred in part by OpenAI's ChatGPT, which Microsoft (NASDAQ:MSFT) has integrated in its search engine Bing. Meanwhile, Google (NASDAQ:GOOG) has launched an experimental conversational AI chatbot called Bard, which ran into some trouble at a public unveiling event. At the same time, China’s Baidu (NASDAQ:BIDU) is also developing...