60. Artificial Intelligence: making shopping, viewing and medication more personal

The use of artificial intelligence (AI) is growing exponentially. From helping us trace, monitor and eventually medicate COVID-19, through to making online shopping and entertainment more personalised and enjoyable experiences. In this podcast, Chris Ford, manager of Smith & Williamson Artificial Intelligence fund, talks us through the applications of AI in our daily lives, how we can better govern the use of personal data and how its adoption may be accelerated.
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The Smith & Williamson Artificial Intelligence fund uses an AI system itself to help find companies whose business models incorporate AI (rather than just making it) and are therefore aligned to benefit from this growing theme. The fund can invest in businesses of almost any size and in more than just technology stalwarts; around half of the portfolio can usually be found in the healthcare and consumer-related sectors.

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This article is provided for information only. The views of the author and any people quoted are their own and do not constitute financial advice. The content is not intended to be a personal recommendation to buy or sell any fund or trust, or to adopt a particular investment strategy. However, the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Past performance is not a reliable guide to future returns. Remember, all investments can fall in value as well as rise, so you could make a loss. Before you make any investment decision, make sure you’re comfortable and fully understand the risks.Further information can be found on Elite Rated funds by simply clicking on the name highlighted in the article.

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