- (1:00) – What Is Technological Singularity?
- (4:30) – Understanding Artificial Intelligence: Why Should Investors Be Paying Attention To AI?
- (14:15) – DeepMind’s Major Advancement and Impact
- (19:40) – The King of AI: Who Are The Major Competitors?
- (27:10) – AI Stocks & ETFs To Keep On Your Radar
- (31:00) – How Can AI Increase Human Productivity?
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In this episode of ETF Spotlight, I speak with Zacks Senior Stock Strategist, Kevin Cook, about investing in advanced technologies, which are bringing science fiction to our offices, homes, cars, and portfolios.
London-based research company DeepMind, which was acquired by Alphabet parent Google
GOOGL
in 2014, has developed an AI system that can predict the 3D shape of all known proteins with almost perfect accuracy. This is a huge development for life sciences and medicine.
Exponential advancements in AI have changed the nature of computing, making Moore’s law irrelevant. Per
WSJ
, Huang’s law named for NVIDIA’s
NVDA
CEO, is in full effect now. We talk about NVIDIA and the rise of GPU computing.
Advanced Micro Devices
AMD
is surging to all-time highs after reporting as the chip maker continues to take market share from Intel. Cadence Design Systems
CDNS
produces software that designs and builds semiconductors.
The Invesco QQQ
QQQ
and NASDAQ 100 ETF
QQQM
, QQQ’s cheaper version, are the best ETFs to get exposure to many highly innovative companies working on advanced technologies.
The iShares Robotics And Artificial Intelligence Multisector ETF
IRBO
, ARK Autonomous Technology & Robotics ETF (
ARKQ
)
, ROBO Global Artificial Intelligence ETF
THNQ
, Global X Artificial Intelligence & Technology ETF
AIQ
are also worth a look.
Tune in to the podcast to learn more.
Make sure to be on the lookout for the next edition of the ETF Spotlight and remember to subscribe! If you have any comments or questions, please email
[email protected]
.
(In full disclosure, Neena owns shares of IRBO in the ETF Investor Portfolio.)
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