The area of artificial intelligence will lead the next wave of disruptive technologies and exchange-traded funds are keen to capitalize on the wealth of investment opportunities that are abound in this nascent, growing space.
Based on an analysis conducted by Crunchbase, VentureSource and Sand Hill Econometrics, there’s already been a 14X increase in the number of active AI startups since the year 2000. A graphical representation of this below shows that trend could only continue to move towards its upward trajectory.
The introduction of AI investing in an ETF wrapper has already spawned funds like the Innovator Loup Frontier Tech ETF (NYSEArca: LOUP), which invests in technologies deemed most likely to disrupt consumer and enterprise businesses over the next several decades like AI. As AI technology continues to enhance in the next years, expect more ETFs to emerge to capitalize on upcoming innovations.
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