As a technology and business concept, AI is beginning to feel very similar to the type of euphoria towards the internet in the mid to late ’90s. This time, however, AI has way more hype, promise, confusion, mystery, and even fear – depending on your view of it – than the internet ever did.
Recently, Financial Sense Newshour discussed this topic with William Studebaker, President of ROBO Global, creator of the robotics and automation ETF, ROBO, on why this truly represents the next greatest revolution impacting the world economy.
AI Is Already Here
We’re already seeing AI applications taking form in smart appliances, online search algorithms, recession forecasting, autonomous weapons systems, and data collection and analysis. While many still think of AI in sci-fi terms, the reality is, AI is here and companies have embraced it, particularly in the financial industry.
This post was published at FinancialSense on 10/20/2017.
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