Breaking down the enigma of artificial intelligence
Read about global markets and trends in this monthly Investment Outlook
This monthly commentary gives a roundup of global markets and trends.
In this edition:
- After underperforming in 2022, technology stocks have made a comeback this year, led by interest in a new type of artificial intelligence (AI) called generative AI
- AI will play a crucial role in many of the themes we expect to define the next decade and beyond
- AI-led productivity gains and subsequently company profits could potentially come quickly since it is readily accessible
- We favour the hardware and semi-conductors areas needed for AI development along with the established incumbents over AI start-ups
The value of an investment may go down as well as up and you may get back less than you originally invested.