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In this 5-minutes video, Fisher Investments Securities Research Analyst Hisham Dewan discusses global artificial intelligence (AI) spending across key industries, along with the scale and timing for return on investment.
By Fisher Investments Ireland, 25/09/2024
Key Points
Although global AI spending will likely exceed $400 billion this year, it has neither the scale and nor the surprise power to drive a global bear market.
Cloud service providers and corporations across non-tech industries can generate high return on investment from AI spending, within a reasonable time horizon.
Despite concerns in the market, we expect that the software industry will maintain modest AI-oriented capital expenditure and does not face material risk of overinvestment.
