The market reaction to generative artificial intelligence (GAI) over the past year implies investors already know how this revolution will play out. But not so fast.
While we may be on the cusp of a paradigm shift, its outcomes are far from obvious and will take time to discern. For much of 2023, US equity markets were defined by excitement over AI and growth from the ‘magnificent seven'. Deep Dive: AI may have 'far reaching impact' but investors must beware 'hype' Wall Street analysts are already projecting how much revenue and profit the incumbents will see from AI, on the assumption that these companies will be the long-term leaders of the AI revolution with the greatest profitability gains. The GAI operating system race But it is too...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
