This ETF Is a Good Buy If You Believe in the Future of Artificial Intelligence
Artificial intelligence (AI) has triggered a frenzy among investors in 2023. A flurry of start-ups showcased their AI projects, with OpenAI's online chatbot ChatGPT grabbing the most attention so far.
The estimates surrounding the potential economic impact of this technology are wide-ranging, though substantial even at the low end. Research firm McKinsey & Company, for example, predicts AI will add $13 trillion to global economic output by 2030. Cathie Wood's Ark Investment Management, on the other hand, places that number at a whopping $200 trillion.
Investors who believe in the future of AI might want to consider capturing that boom in their portfolios, but separating the quality opportunities from the hype isn't easy. Here's one way to own a slice of the AI revolution while limiting risk at the same time.
Source Fool.com
