Unraveling the Mechanics of AI Investing

AI Investing: The Megatrend of 2023

Artificial intelligence (AI) investing has emerged as the megatrend of 2023, and for good reason. According to Goldman Sachs economists, generative AI is expected to boost global labor productivity by 1 percentage point per year over the next decade. This rapid growth in productivity has historically been led by large investment cycles. In fact, AI investment is projected to approach $100 billion in the U.S. and $200 billion globally by 2025. This level of investment has the potential to fuel massive growth in AI-focused companies and boost returns for AI stocks.