The next ‘big thing’ is how AI will shape of the future of every industry. The question every investor is facing lies in whether to use AI to invest or directly investing in the future of AI.
What Is AI? Why Is It Popular Now?
Technology giant IBM defines AI as the use of computers, machines and software “to mimic the problem-solving and decision-making capabilities of the human mind”. The goal of artificial intelligence applications is to solve problems faster and to automate tasks that have ordinarily been performed by people.
The tremendous amount of interest in AI began in November 2022, when OpenAI first released ChatGPT for use by the general public. This chatbot service uses natural language to create humanlike conversational dialogue. Users ask questions on any subject imaginable, and ChatGPT provides detailed answers.
How can you use in AI in your portfolio?
Here at Asean Consultants we believe in using all the resources at our disposal to create the best strategy for investing your capital and AI has been in our inventory for many years. Many fund houses adopted the use of AI and algorithms years before Chat GPT was considered main stream and we have analysed the best of these options and made them available to all our clients.
New tech breakthroughs inspire dynamic new companies and tonnes of media coverage, which drive stock prices through the ceiling. But triple-digit annual gains never last, and eventually the market separates a few winners from a lot of losers. Incautious investors can get burned.
If you’re considering investing in AI, the first step is to do plenty of research. Read up, learn about the technology and evaluate the risks before you buy. There’s no need to go all-in on AI—prudent investors depend on diversification to make sure they make the most of their investing dollars.
One challenge of investing in AI is that there are few pure-play AI opportunities available on the market. As a result, we have examined the ways you can invest in companies and funds that are benefitting from the AI gold rush. If you would like to invest directly in AI stocks get in touch today by emailing us on info@asean-consultants.com
We are able to look after our clients wherever they reside around the world. To find out more, feel free to contact us.
