Listen: My Noa Series for June

AI could unleash a staggering $15.7 trillion surge in global economic output by 2030 according to consultants PwC. That’s nearly as much as the GDP of China. Find out more.

This month I worked with the Noa (News Over Audio) editorial team to curate this interesting Series that I feel you will enjoy.

Despite being in its early stages, the AI industry is already being heralded as a transformative technology. Its evangelists speak of it in the same breath as the inventions of electricity, the steam engine and the internet.

Whether it meets these lofty expectations time will tell. But what is certain is the industry is attracting a wave of capital.

The AI chip maker Nvidia has become the poster child of the AI frenzy, experiencing a remarkable 164% surge in its shares during the first half of 2023, propelling the company to a trillion-dollar valuation.

And while the stalwart US tech giants – such as Google and Microsoft – are central to the AI revolution, investors are fervently scouring the landscape for the next winners. The prospect to seizing an early stake in what could become the next “Meta” of AI is enticing. Investors are competing fiercely to invest in young AI startups bestowing some with sky-high valuations when they have little more than an idea.

The question for investors now is whether to hop aboard the AI train without delay or exercise caution, particularly as regulators sharpen their focus.

In this Noa series, we’ll examine the cases for and against investing in the AI boom. In the first article, we’ll hear what Japanese investment giant Softbank makes of the opportunities in the market. Then we’ll consider whether the hype surrounding AI is creating a new bubble. We’ll wrap up the series by listening to why investors must be cautious about the AI gold rush.

Enjoy the listen!

Simply:

• 1. Download the Noa App here.
• 2. Sign up using your email. No payment details are required. This one’s on us, enjoy the listen!

Our team is dedicated to providing you and your business with the absolute best business advice out there. We approach each and every case from a fresh perspective, working with you to find tailored solutions that leave your business feeling stronger than ever. With our expert analysis, we translate figures into a language you can understand. Using timely, reliable advice, our experienced team of experts devise sophisticated plans to encourage cost efficiency and growth. To find out more, contact our team at Fitzgerald Power today.

Further Articles

Listen: My Noa Series for April

New York dominates as the top destination for IPOs, capturing $24bn of foreign listings in 2022, eight times more than London and Hong Kong combined. Listen to the latest Noa Series here to understand why.

Read Blog

Listen: My Noa Series for May

In 2022, EY unveiled a bold plan to separate its consulting and accountancy arms. However, one year later, the plan unraveled as EY’s 13,000 partners failed to reach a mutually acceptable agreement. Find out why.

Read Blog