Investing In The Robotics, Automation & AI Revolution
Robotics, automation, and artificial intelligence, known collectively as RAAI, has the potential to change the current societal landscape in historic ways. This article by ROBO Global explores this potential, and its implications for investors.
ROBO Global identifies three drivers of RAAI dominance: Declining costs of implementing this technology, expanding applications of this technology, and dramatic increases in the amount of available data that artificial intelligence requires to thrive.
In light of these influences, investment and economic leaders are predicting that RAAI will become a multi-trillion dollar industry in the near future as the field expands beyond its already strong presence in modern society. Consider some of the growth already seen in this area:
- Computing and AI should produce $105.8 billion in revenue by 2025.
- Interact Analysis predicts the deployment of more than 580,000 robots by 2025.
- AI startups globally have raised more than $644 million.
Investors who wish to take advantage of the growth potential of RAAI should consider creating diversified portfolios that include those businesses that have the greatest potential for growth. One of the easiest ways to do this is to purchase an ETF dedicated to Robotics & AI exposure.