27 Apr 2023
Disruptive Technology: AI boom
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
It is almost impossible to disagree with the statement that ‘software is consuming the World’.
AI (Artificial Intelligence) is at an ‘inflection point’ that is going to allow investors to tap into US$6 trillion of investment opportunity according to Morgan Stanley.
This is likely an underestimate.
The paper talks about five key business areas for investors to focus on in order to take advantage of the growth opportunities made possible by AI.
Specifically- advertising, e-commerce, travel, shared economy and public cloud.
WARNING, this does not constitute Personal Advice. To discuss if this is an appropriate strategy for your given circumstances please do not hesitate to contact us directly.
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