Forget Nvidia and consider these ASX stocks instead

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AI’s refashioning of office jobs and workplaces will be so broad it will throw up many unexpected winners.

The race to reinvent the workplace by integrating artificial intelligence into business processes will unleash some of the greatest investment opportunities of the next decade and could push certain stocks up five or 10-fold in value across multiple sectors.

The C-suite demand to adopt and leverage AI is accelerating so much that Goldman Sachs has estimated companies will invest $US200 billion in 2025 to drive AI-linked efficiency and productivity. “Retail is one place where both analytic and generative AI together can improve a retailer’s ability to analyse product mix and how it is placed on shelves,

“Something like software logistics group WiseTech is ideal,” Datt says. “As they have global data and are entrenched in their industry, they capture lots of efficiencies and benefits from adopting AI.

 

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