AI stocks: Five ways to play the long-term artificial intelligence theme on the ASX

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 90%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

There’s probably no Australian-listed company that’s not using AI in some way to become more efficient and improve margins. But who might the bigger beneficiaries be?

I am often asked, “What is the next big thing?” Obviously, at the minute, everyone wants me to respond with artificial intelligence, and I do. Why wouldn’t I? The meteoric rise of AI-related businesses in the US has even led to the well-worn acronym of FAANG being upgraded to the magnificent seven.movie] break the ice, my mind immediately goes to the reality that AI has been part of our daily and working lives for the past 20 years.

The first question is usually followed up with, “So who benefits most from this ‘seismic’ shift’?” My response is more nuanced – I tend to focus more on themes because focusing on individual shares at this point is like pursuing a racehorse after giving it a 10-length start.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines