If Robots Are the Future, Shouldn’t You Be Investing in Them? – ETF Trends

Artificial intelligence can already guess which ads consumers want to see on their mobile devices. Its just a sliver of whats in store with ETFs like the Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ).

BOTZ seeks to invest in companies that stand to benefit from increased adoption and utilization of robotics and artificial intelligence (AI), including those involved with industrial robotics and automation, non-industrial robots, and autonomous vehicles.

See also:BOTZ vs. ROBO: Head-To-Head ETF Comparison

Additionally, BOTZ seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Robotics & Artificial Intelligence Thematic Index. The index itself captures large- and mid-cap representation across 23 Developed Markets (DM) and 24 Emerging Markets (EM) countries.

Fund benefits include:

According to a CNBC article, AIs capability will create so much wealth that every adult in the United States could be paid $13,500 per year from its windfall as soon as 10 years from now. This forecast was offered by Sam Altman, co-founder and president of San Francisco-headquartered, artificial intelligence-focused nonprofit OpenAI.

My work at OpenAI reminds me every day about the magnitude of the socioeconomic change that is coming sooner than most people believe, Altman posted. Software that can think and learn will do more and more of the work that people now do.

In the meantime, BOTZs top holding is showing just how strong investors believe in the growth potential of AI. ABB Ltd, which comprises about 8% of the funds allocation, is up almost 100% the past year.

For more news and information, visit the Thematic Investing Channel.

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If Robots Are the Future, Shouldn't You Be Investing in Them? - ETF Trends