Discover why people trade or invest in AI
People trade or invest in AI because it’s a growing sector that’s likely to become a greater part of our daily lives in the coming years. The technology has already altered the way we live by making certain activities more efficient, and it’s still relatively new. Who’s to say what the world will look like in 10 years’ time?
So, people are looking to trade or invest in AI due to its future potential. Companies such as NVIDIA and AMD, which create the chips and hardware needed to implement AI, have seen a significant increase in their share price since the AI hype began.
Big name companies are also getting involved. Microsoft, one of the main investors in OpenAI, has used the company’s products to improve Bing, their search engine, and their Microsoft Office software, to make it more user-friendly. Tesla has also used AI in the development of self-driving cars, and its v12 technology should enable them to be used on our roads in the near future.
When trading or investing, it’s important to diversify your portfolio to manage your risk by opening positions across multiple asset classes.
AI is one of several thematic investment opportunities that’ve gained popularity in recent years – and people are interested to see exactly what this industry has in store. Other thematic opportunities include water, electric vehicles and 5G.
