Artificial intelligence could double economic growth by 2030.
This is a great opportunity for investors, as the performance of many stocks and funds already shows!
Artificial Intelligence (AI) is the generic term for machines that think, learn and act intelligently. Their development is increasing at an incredible pace. That large technology companies such as Google, Baidu or Amazon are serious about AI, shows an analysis by the consulting firm McKinsey. According to that, the companies invested between $ 20 and $ 30 billion in AI last year. As McKinsey predicts, 90 percent invested the lion’s share in research and spent about one in ten dollars on acquisitions. According to Allianz Global Investors, some researchers believe that artificial intelligence could double economic growth by 2035.
Therefore, artificial intelligence is an asset for strategically minded investors. They can target artificial intelligence companies, invest in such assets and benefit from their high potential. This is all the more so because artificial intelligence occurs in many different forms, from industry 4.0 and robotics to machine learning and autonomous driving, to affective computing and natural language processing. Process Robotics and rule-based systems, which are used in 67 percent of the companies surveyed for the Deloitte study, are particularly widespread in Germany.
A good example of a high-performing stock in the AI segment is Zebra Technologies, a US-based provider of data capture and processing equipment. The value listed in the Nasdaq Composite Index has outperformed over 200 percent over the past three years. Intuitive Surgical, in turn, manufactures robotic-assisted surgery systems for performing minimally invasive surgery under the brand name “Da Vinci” and has gained approximately 135 percent in three years.
Thematic funds, for example, are suitable for approaching certain individual areas of artificial intelligence, but also for completely mapping the market. Many AI concepts of companies are very special and can hardly be penetrated by an investor so that he can make an investment decision. Relying on a fund manager can therefore make sense if the results of the active management and the costs are in a healthy relationship over the long term.
For example, Allianz Global Artificial Intelligence (ISIN: LU1548499471) aims to provide investors with access to all areas of the AI segment and invest in IT, telecom, finance, healthcare, industrial and real estate, among others. The result on a 36-month view: almost 31 percent. Pictet-Robotics (ISIN: LU1279334210) has gained nearly 75 percent since its launch in 2015, investing primarily in equity-related securities of companies that contribute to and / or benefit from the value chain in robotics and assistive technologies.