As we move deeper into 2024 and beyond, AI technology is taking root across a myriad of industries from healthcare and finance to manufacturing and transportation.
With that in mind, here the Investing News Network provides an overview of how to invest in AI for those interested in stepping into this complex and ever-growing sector.
AI and machine learning often get intertwined, but they are not the same thing. Putting it into simple terms, machine learning is a subset of AI. It’s how a system looks at complex sets of data and learns from this information, while AI is how the data is expressed.
The research firm sees the healthcare, banking, automotive, and e-commerce industries as sectors for continued growth in new AI applications. In addition, AI-driven automation and robotics are also driving growth in this market. The report suggests North America will largely dominate the space due to its leading players, high government investment in AI and a strong technical base.
The report finds that the software segment is likely to account for the highest revenue share over the forecast period. “Rising use of generative AI-based software owing to its benefits, such as better image resolution, reduced conversion time, enhanced performance, and quick availability of output is attributed to market growth,” stated the firm.
Investors looking to put money into AI stocks also have quite a few options available to them.
To help potential AI investors get an idea of the various sectors available to them under the AI umbrella, the Investing News Network has put together a number of lists:
These lists of AI companies of course provide only a small glimpse at the broader sector, but for those just learning about the AI investment opportunity they are a good place to start.
This is an updated version of an article originally published by the Investing News Network in 2018.
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
Leave a Reply