MICHELE SANTANGELO: Investors take note: artificial intelligence is no passing fad

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Its ramifications throughout every activity will have to be taken into account of

With its potential to revolutionise many industries, it is no surprise that investors are eager to gain exposure to companies at the forefront of the technology.In 2023 there has been an extraordinary surge in the share prices of listed companies with activities related to AI.

AI will help companies to reduce costs and improve efficiencies by implementing automated systems and processes. AI will also enhance customer engagement as fewer resources will be required to communicate with customers. Typically characterised by long lead times, AI implementation will dramatically reduce the therapy development lifecycle.Semiconductor design and manufacture: this sector will continue to experience increased demand, especially for companies producing advanced chips required for intensive AI calculations; and

 

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