BlackRock lauds AI as ‘mega force’ to drive returns By Cointelegraph

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Global investment titan BlackRock (NYSE:), which manages some $10 trillion in assets, has declared artificial intelligence a “mega force” that could create significant returns for investors in today’s “unusual” market.

In its mid-year outlook report, the BlackRock Investment Institute detailed their thesis for increased investment in AI — pointing to multiple “disruptive” themes that could see the sector grow rapidly over the coming years.

S&P market cap vs relative performance from 1990. Source: BlackRock