So far, most of the AI winners have been confined to players further up the value chain, such as data center providers and semiconductor chip producers at the backbone of AI technology.
As the buildout phase of AI matures, investors are looking further down the value chain for monetization opportunities, whether it be for consumers or businesses.
Ayako Yoshioka, senior portfolio manager at Wealth Enhancement Group, sees three parts of the market that could see profit enhancements from the adoption of AI.
3 non-tech AI opportunitiesThere's significant potential for the healthcare sector to reap the benefits of AI.
Large banks like JP Morgan and Goldman Sachs also use AI to comb through and sort large quantities of historical financial data, facilitate financial research, and provide investment advice.
Persons:
—, Ayako Yoshioka, Yoshioka, JP Morgan, Goldman Sachs, They're, That's
Organizations:
Service, Big Tech, Business, Google, Security, Visa, Mastercard, Healthcare, Trust Nasdaq