Europe Looking to AI Technology as a Future Industry Driver

Europe Looking to AI Technology as a Major Industry Driver 1

“The EESC has stressed the importance of a European AI infrastructure built on open-source learning environments that respect privacy, real-life test environments and high-quality data sets to develop and train AI systems,” Dittmann noted. “These challenges cannot be left to the business community alone; governments, social partners, scientists and businesses all need to be involved. The EESC believes that it is time for the EU to set standards and become a world leader in this field.”

An Innovative ETF Alternative

Investors looking to capitalize on the global growth of AI can look to exchange-traded funds (ETFs) like the Global X Robotics & Artificial Intelligence ETF (NasdaqGM: BOTZ). BOTZ is off to a strong start in 2019–up 11 percent thus far year-to-date.

BOTZ to provide investment results that correspond generally to the price and yield performance of the Indxx Global Robotics & Artificial Intelligence Thematic Index. The underlying index is designed to provide exposure to exchange-listed companies in developed markets that are involved in the development of robotics and/or artificial intelligence as defined by Indxx, the provider of the underlying index.

For more market trends, visit ETF Trends.