Is AI worth investing in?

By Evelyn Howat & Gabrielle Gardiner
In the fallout of the coronavirus pandemic, new technologies continue to evolve, with AI at the forefront - is now the time to be investing in it...

In a year full of unpredictability and economic turbulence, the steady evolution of new technologies seems to be the only constant. In this post-pandemic economy, tech-driven companies provide hope about future prosperity. As every industry increasingly embraces artificial intelligence, AI-focused companies are forging new paths in AI investing.

Since AI is touching almost every area of modern life, it’s no wonder people are eager to capitalise on the opportunity to invest in AI-driven organisations. After all, it’s nearly impossible not to see the pervasiveness of AI tech. 

When you consider smart budgeting and investment choices that are best for your long-term financial health, it’s hard not to consider AI playing a role in your decision-making process. With the explosion of the popularity of robo-advisors and other technologies, AI is even contributing to the changing nature of investing itself.

From chatbots guiding our shopping experiences to voice-activated smart home devices and new opportunities in the realm of telemedicine— AI is everywhere, and investors want their piece of the pie. Although there is risk involved in any kind of financial decision, AI seems to be a strategic area of investment.

Banks, financial services and fintech companies are building robust AI strategies and using it to streamline fraud detection, underwriting, wealth management, and much more. AI can create more efficient products and experiences in construction and manufacturing, not to mention its impact on education, healthcare and safety. 

In the high-level infographic below, we provide a useful look at some insights into the current state of AI investing. This overview of how AI tech affects how people are investing clarifies some of the questions surrounding investing in AI, including the top five industries implementing the technology.

undefined

 This piece was co-written by Gabrielle Gardiner, Content Marketing Specialist at Siege Media. We do not own graphics used.

Share

Featured Articles

WorldFirst: Why now is time for SMEs to seek trade in Asia

In this exclusive interview, we speak to VP of Ant Group and WorldFirst CEO Clara Shi, on why now is the time for UK SMEs to trade in new markets

Mastercard webinar: Shaping the Future of Fintech

Mastercard experts, alongside Zolve CEO and Founder Raghu G, discuss the six major fintech trends today in the company’s latest webinar – available now

Embedded finance: Innovating for good

Sunrise Banks CFO Tyler Seydel discusses how embedded finance innovations will change how we experience banking and drive financial inclusion for everyone

Live today: FinTech LIVE London

Financial Services (FinServ)

Crypto, blockchain and Web3 speakers at FinTech LIVE London

Crypto

FinTech LIVE London: Speakers from payments sector (part 2)

Financial Services (FinServ)