Analysts atBank of Americasay that artificial intelligence (AI) has the potential to unleash extraordinary productivity growth, similar to the impact of computers in the 1990s and the post-WWII energy revolution.
In its latest "Research Investment Committee (RIC) report," BofA names three ETFs to invest in if AI proves to be a disruptive technology, as well as 10 single stocks to buy if AI only moderately increases productivity.
According to a recentPwCstudy, artificial intelligence could benefit the world economy by up to $15.7 trillion by 2030, whileIDCpredicts the global AI market will reach $900 billion by 2026.
Productivity growth is...
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