Investing in artificial intelligence - raconteur.net

If robots are taking our jobs, they may also support our retirement. Bank of America Merrill Lynch estimates that 47 per cent of US jobs and 33 per cent of UK jobs have the potential to be automated. But the technology that could fill those jobs – robotics and artificial intelligence – is both a threat to some workers and a potential area of growth for investors, notably pension funds, seeking to capitalise on the new wave of industrialisation. "It's the next generation," says Philippe Cerf, Europe, Middle East and Africa co-head of the technology, media and telecommunications group at investment bank Credit Suisse. "Machine-learning is applied to some extent across all tech these days."