Global X’s lead AI researcher, Tejas Dessai, believes that investing opportunities in artificial intelligence are still in their early stages despite the excitement around the technology. Dessai predicts that AI adoption will be a slow process, spanning over the next ten years, and investors are beginning to understand the breadth of AI-related investing opportunities. He recommends that investors get exposure to the space and hold assets for the long haul. Dessai’s research helps inform the holdings in the Global X Artificial Intelligence & Technology ETF, which is up 38.6% this year. He recommends Nvidia, Meta Platforms, Alphabet, Salesforce, and ServiceNow as the best AI-related stocks for investors to capitalize on. Dessai believes that these stocks are well-positioned to benefit from AI-first hardware and data usage to improve their services internally. Additionally, he likes firms in the data organization business, like Salesforce and ServiceNow, which can help small businesses use AI to meet their niche needs. Dessai predicts that AI is a paradigm shift in our ability to process large amounts of information and drive business outcomes, and he urges investors to consider AI investments for the long-term.
Top 5 Stocks Poised to Benefit from AI Revolution in the Next Decade, According to Global X’s Lead AI Researcher
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