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AI’s impact on investments
It comes as no surprise that artificial intelligence will be big not just technologically but also in wealth building.
By Ariz Marcelino, Anna Cudia, Ginny Pecaña, Ma. Cristina Gabaldon
The last several years have been nothing short of astonishing for the global technology industry as artificial intelligence (AI) continued to dominate the headlines.
Many have already started utilizing AI for their daily work, or have at least been exposed to it.
In addition, many investors have lined up their portfolios with investments in the “Magnificent 7” which are companies have been the centerpiece of tech investments as they are among the highest performing for a considerable period of time.
So, what would be the net effect of AI’s growth? Metrobank’s Trust Banking Group have released a report on the promises of AI, including its effects in the semiconductor industry.
Buildout phase of the most promising space: Realizing AI potential, one chip at a time
Beyond stock returns, AI is projected to catalyze a 14% surge in global GDP by 2030, 80% equivalent to a staggering increase of USD 15.7 trillion.
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