Artificial Intelligence Investment Implications

by Michael Halloran
June 26, 2023
ChatGPT is the fastest-growing technology application in history and is demonstrating the powerful potential of artificial intelligence (AI) to a very diverse audience.

This is generating tremendous excitement around a technology that has been progressing for over 50 years and that we think is still in the early innings of a golden age.

Advanced data analytics and AI have demonstrated significant potential for transforming business models and disrupting industries. This is producing winners and losers and has significant investment implications.

While every sector of the economy is being impacted, we see the benefits far outweighing the disruptions. Advanced data analytics and AI are driving needed productivity gains, which are essential for raising economic-growth potential and living standards.

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About the author

Michael Halloran

Equity Strategist

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