The world is changing…
Many of you will have heard about ChatGPT and how this could truly change the world. If nothing else, homework will never be the same again. This is part of the wider rise of Artificial Intelligence and depending on where you sit, this is either a huge opportunity or perhaps a real concern about the future.
For those less familiar with the subject, ChatGPT allows the user to have human like conversations with the internet and ask it to do very sophisticated and specific things. Whatever this technology ends up being, I certainly do not know, but simply looking at this as a potential investor, there is a great opportunity.
We have dedicated and highly diversified AI investments in our Momentum and Global Themes portfolios as well as via mainstream investments such as Microsoft and Alphabet. The following passage is a recent communication from our friends at LGT Wealth and talks about how they see the potential and risks.
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