AI attempts to replicate human-level intelligence with greater speed and accuracy. You can invest in future innovations by purchasing shares in companies that make, use or improve AI. ETFs containing AI-related stocks can also make great investments.
Artificial intelligence is in its early stages – and yet, it’s transforming one industry after another. Self-driving cars, ecommerce product recommendations, computer-based drug discoveries and fraud detection software all use or benefit from AI.
Still, even the most advanced systems have a ways to go before they transcend to true artificial intelligence. And though hundreds of companies around the world aim for that goal, the industry is young.
That means there’s still plenty of room for growth – and for investors, that presents major investment opportunities.
But with so much emphasis on AI’s future, knowing how to invest in AI can be tricky. Here are two great places to start.
Many major tech companies have already made major strides in advancing AI, even if it’s not their sole focus.
Take Google parent Alphabet, which uses AI for its search engine, Google Assistant, Google Maps and even AI-led drug discoveries.
Or Nvidia, the high-end chipmaker that provides smart chips for voice recognition, gaming, medical imaging and supply chain management.
And of course, who could forget Amazon Alexa or the company’s top-notch product recommendation software?
These are just three of the biggest names in AI – and there are hundreds more out there. From Lemonade, an AI-powered insurance company, to C3.ai, which offers customized AI apps to clients going digital, opportunities are increasingly-boundless.
All you have to do to snatch your share of the future is add these stocks to your portfolio.
If stock picking makes you uncomfortable, AI ETFs provide a diversified alternative. ETFs buy shares in multiple companies, then bundle them into neat, affordable packages to spread the costs (and risks) of investing.
When it comes to AI, you can choose from funds like the:
We’ve touched on companies furthering AI and scratched the surface of its investment potential. But what about having AI invest on your behalf?
That’s just what Q.ai offers with our unique Investment Kits. Each Kit starts with an idea, like fighting inflation or powering the future. Then, our AI scours the markets for the best investments that fit each Kit’s directive and risk profile. Our AI even weighs risks between Kits to manage downside risk portfolio-wide.
Better yet, once you’ve chosen the right Kits for you, all you have to do is make regular contributions to grow your portfolio. We’ll handle the rest.
Q.ai is the trade name of Quantalytics Holdings, LLC. Q.ai, LLC is a wholly-owned subsidiary of Quantalytics Holdings, LLC ("Quantalytics"). Quantalytics offers automated financial advice tools through Quantalytics Investment Advisors, LLC ("QAI"), an SEC-registered investment advisor. QIA’s investment advisory services are ONLY available only to residents of the United States. Disclosures concerning QIA’s investment advisory services are available on its Form ADV filed with the SEC. The content in this newsletter is for informational purposes only and does not constitute a comprehensive description of Q.ai's investment advisory services.