Why artificial intelligence is great for investors

Written on 06 October 2017. If you believe its cheerleaders, such as Facebook founder Mark Zuckerberg, we're at the start of a new industrial revolution, with boundless productivity growth ahead. If you believe the naysayers, including Tesla founder Elon Musk, then computer super-intelligence is humankind's largest existential threat. Whatever the future holds, an AI-powered world will have huge consequences for investors – the trouble is working out which companies will prosper, and which will be left in the history books. Here, though, I want to make the case that shareholders as a group will do very well.