The Artificial Intelligence Revolution is Here
Where Should Investors Begin?
Google CEO Sundar Pichai recently described the impact of artificial intelligence (AI) as “more profound than fire or electricity,” which left many investors asking how to invest and where to begin.1 Some would suspect to do so, it would take investments in start-ups or obscure corners of the technology industry. While venture capital is potentially one way to invest in AI, surprisingly, some of the biggest participants in AI are already represented within common large cap indexes such as the S&P 500. Companies within the technology, healthcare and data analytics sectors (to name a few) have been laying the groundwork for these technologies for many years. Below are some of the reasons why AI investments may be closer than you might think.