5 Safe, Inexpensive Ways to Invest in AI

"According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And, according to Marketing AI Institute, "Artificial intelligence will, on average, boost rates of profitability by 38% and provide an economic boost of $14 trillion in additional gross value by 2035, according to research by Accenture." Even MIT Technology Review once said, "Artificial intelligence is changing the world and doing it at breakneck speed.... The experts go on to predict a 50 percent chance that AI will be better than humans at more or less everything in about 45 years." Yet, this is only the start - and its potential impact on your portfolio could be significant."

"If you find yourself in that category, you may want to invest in exchange-traded funds (ETFs), which do the hard work for you. Plus, with them, you can own a basket of hot AI stocks and pay less for the opportunity. And in some cases, you can also collect yield. In short, if you want exposure to artificial intelligence and passive income, jump into ETFs. If you want to diversify at a lower cost, there are ETFs like the Global X Artificial Intelligence & Technology ETF ( NASDAQ: AIQ)."

Global AI market projections indicate rapid expansion from roughly $137 billion in 2022 to an estimated $1.81 trillion by 2030, with research forecasting major profitability increases and trillions in added economic value by 2035. Advanced AI could surpass human performance across many tasks over coming decades, implying significant portfolio impact. Many investors find selecting individual AI stocks challenging, so exchange-traded funds offer a practical alternative. ETFs provide diversified exposure to AI-related companies, reduce single-stock risk, lower costs relative to buying many stocks individually, and can offer yield. The Global X Artificial Intelligence & Technology ETF (NASDAQ: AIQ) charges a 0.68% expense ratio and holds 88 companies including Palantir, Oracle, Broadcom, Netflix, Nvidia, Microsoft, and Meta Platforms.

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