, researchers at Accenture recently estimated, as Briest noted.
However, it's worth noting that just over a third of business-related tasks are already done by machines, according to data from the World Economic Forum cited in the UBS report.In the report, Briest and his colleagues put together a list of over 180 firms that will either be significantly helped or hurt by the continued growth of AI.
Insider reviewed that list and highlighted the companies that will be positively impacted by AI, and have both a buy rating from UBS and at least 20% upside to the firm's price targets. Below are the 53 buy-rated companies that will be boosted by AI and have 20% upside or more from current levels, according to the price targets set by the UBS analyst that covers them. Along with each is its ticker, industry, upside to price target, and reasoning. Note that the stocks are sorted in alphabetical order by their industry.