Diversifying AI Investments: Opportunities Beyond Big Tech

JJohn August 5, 2023 5:01 PM

Experts suggest alternative, diversified strategies for investing in artificial intelligence, beyond the traditional Big Tech companies. Areas such as healthcare, e-commerce, robotics, fintech, and the industrial sector present new opportunities, seeing benefits indirectly from the AI revolution.

AI's influence beyond tech

Artificial Intelligence's influence is no longer exclusive to the tech field. Recent trends indicate that sectors like healthcare and e-commerce are also reaping the indirect benefits of the AI revolution. As AI technology advances, it's gradually permeating various industries, offering a diverse range of investment opportunities outside of traditional Big Tech.

Robotics: A rising AI investment avenue

In recent months, we're witnessing a significant shift in investment flows towards robotics. This trend is primarily driven by the deepening integration of AI in industrial operations. Exchange-Traded Funds (ETFs) like the Global Robotics and Automation Index ETF (ROBO) and the Global X Robotics & Artificial Intelligence ETF (BOTZ) are evidence of this trend, with gains of 21% and 34% respectively this year.

Fintech's AI-powered future

The future of fintech is intertwined with AI. AI is set to supercharge the financial technology sector by improving advisory services, assisting investors to filter through information more effectively, and streamlining processing. This positions fintech as a significant beneficiary of AI, and hence, an attractive investment option.

The industrial sector is poised to witness significant gains from AI incorporation. AI is set to become an integral part of their business processes, aiding in better processing through automation. Thus, as AI's influence expands into sectors traditionally not associated with tech or AI, the industrial sector emerges as a promising investment arena.

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