Artificial Intelligence Is a Hot Trend. But Investing in AI Isn’t as Easy as You Might Think. - Barron's
Updated December 5, 2021 / Original December 3, 2021
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This is the golden age of investing in artificial intelligence, says Eric Schmidt, who used to run Google, now known as Alphabet. UBS calls AI a top investment theme for the coming decade. So, where are all the attractively priced stocks? Don’t suggest using AI to search for them—I spoke with a guy who’s doing just that, and it’s off to a slow start.
Schmidt says machines will cure our diseases and enrich our lives, and they probably won’t annihilate us Terminator-style. But they might trick us into annihilating each other;...