The article also highlights the views of various industry experts who believe in the potential of AI to increase productivity in the investing world. Apollo Global Management Inc. sees an investment opportunity at the intersection of the energy transition and AI infrastructure. Man Group CEO Robyn Grew emphasized that AI should be used to improve employees' performance rather than replacing them. The consensus among the panelists is that ignoring the AI revolution would be a dangerous move for investors.
Key takeaways:
- Despite recent fears of an artificial intelligence bubble due to a selloff in shares of chipmaker Nvidia Corp, investors and asset managers still have a broadly positive view of the technology.
- Philippe Laffont, founder of Coatue Management, expressed concern about geopolitical instability in China potentially affecting production of the chips that power AI computing.
- AI is seen as a tool for increasing productivity in the investing world, with firms like Apollo Global Management Inc. seeing an investing opportunity at the intersection of the energy transition and AI infrastructure.
- Experts agree that ignoring the AI revolution would be a dangerous move for investors, emphasizing the importance of AI in the future of investing.