Breaking down the enigma of artificial intelligence

Read about global markets and trends in this monthly Investment Outlook

Investment Outlook WEB 1920X1080 June 23
Published: 05 Jun 2023 Updated: 05 Jun 2023
Savings and investments IFAs

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.