Invest in Artificial Intelligence
What is the hottest technologies in 2018 CES?
It is definitely Artificial Intelligence (AI). No matter smart home products (voice recognition and home assistant) or self-driving cars, all of them are based on AI.
In the recent years, based on the exponentially growing amount of data and computing power, as well as theoretical understanding of neural networks, AI techniques has become part of our daily life and set the tone for the future.
As many worry about automation and robotics could replace human being on the labor market over the coming years, it is not too late to invest in this area. I would like to recommend two ETFs, ROBO and BOTZ. Their performance are shown below.
Performance: +44% in 2017.
Net Expense Ratio: 0.95%.
42% US Stocks, and 58% International; 40% Medium-cap companies; 23% Small-cap and 7% micro-cap.
45% Industrials and 42% Tech.
Performance: +58% in 2017.
Net Expense Ratio: 0.68%.
27% US Stocks, and 73% International; 46% Giant-cap companies; 27% Large-cap and 16% Medium-cap.
39% Industrials and 50% Tech.
Vanguard’s chief global economist called automation the most important trend of his lifetime.
“These (Robotics and Antomation) aren’t luxury technologies anymore; they’re necessities for a company to stay relevant,” said Bill Studebaker, president of ROBO Global. “The trend is happening regardless, but the tax bill is the sauce on top. Things will accelerate more. We’re in the middle of a robotics arms race, and we’re on the cusp of it being ubiquitous, both in the U.S. and globally.”
It is definitely Artificial Intelligence (AI). No matter smart home products (voice recognition and home assistant) or self-driving cars, all of them are based on AI.
What is AI?
A machine mimics "cognitive" functions that humans associate with other human minds, such as "learning" and "problem solving".In the recent years, based on the exponentially growing amount of data and computing power, as well as theoretical understanding of neural networks, AI techniques has become part of our daily life and set the tone for the future.
As many worry about automation and robotics could replace human being on the labor market over the coming years, it is not too late to invest in this area. I would like to recommend two ETFs, ROBO and BOTZ. Their performance are shown below.
ROBO (Global™ Robotics and Automation Index ETF)
Performance: +44% in 2017.
Net Expense Ratio: 0.95%.
42% US Stocks, and 58% International; 40% Medium-cap companies; 23% Small-cap and 7% micro-cap.
45% Industrials and 42% Tech.
BOTZ (Global X Robotics & Artificial Intelligence ETF)
Performance: +58% in 2017.
Net Expense Ratio: 0.68%.
27% US Stocks, and 73% International; 46% Giant-cap companies; 27% Large-cap and 16% Medium-cap.
39% Industrials and 50% Tech.
Outlook in 2018 and Beyond
According to a recent study by McKinsey & Co., tens of millions of jobs could be impacted worldwide in the coming years by this trend. “Our scenarios suggest that by 2030, 75 million to 375 million workers (3 to 14 percent of the global workforce) will need to switch occupational categories,” the report read. “Moreover, all workers will need to adapt, as their occupations evolve alongside increasingly capable machines.”Vanguard’s chief global economist called automation the most important trend of his lifetime.
“These (Robotics and Antomation) aren’t luxury technologies anymore; they’re necessities for a company to stay relevant,” said Bill Studebaker, president of ROBO Global. “The trend is happening regardless, but the tax bill is the sauce on top. Things will accelerate more. We’re in the middle of a robotics arms race, and we’re on the cusp of it being ubiquitous, both in the U.S. and globally.”
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