Artificial Intelligence , quantum computing, superconductors, renewables and climate technologies present excellent opportunities for those looking to invest in the “next best thing” in tech. , which, in a recent research note, shared the next big technologies investors should watch out for.
The bank warned that the hype cycle could lead to investors becoming too hooked on the tech sector. It is crucial to diversify your investments to reduce your risk, and this is especially true for the tech industry. More speculative investors should monitor the performance of these tech-driven sectors and their dominant companies but avoid over-committing to one sector.
“Generative AI is gaining prominence by reducing app development time and bringing powerful capabilities to non-technical users.” “This applicability across different industry sectors makes generative AI very interesting for investors and businesses looking for drivers of growth.” “With the rapid spread of AI – both in generative technologies and in machine learning – there are many individual companies worth examining in the sector with investment potential.” explained that quantum computers will make it possible to solve many highly complex problems at extraordinary speed, potentially transforming entire industries.
Put simply, the bank said that quantum computing provides computing power for data computations that are not possible for conventional computers due to the complexity and magnitude of the information. The development of room-temperature or high-temperature superconductors is particularly exciting because they operate at more accessible temperatures, making them more practical for everyday use.
“These innovations reflect the growing potential of superconductors to reshape technology and contribute to a more sustainable, efficient, interconnected world,” Nedbank said.“Electrification and renewable energy are becoming increasingly urgent in the global commitment to net-zero emissions to combat climate change,” Nedbank explained.