Artificial Intelligence: An Accelerating Revolution

Last year, we wrote that we are in the opening stages of a generative AI-driven investment cycle that will transform the technology sector and, ultimately, the global economy.

How have our views held up? In this updated report, we answer some of the most pressing questions from investors:

• Is demand for AI sustainable?
• When will AI capabilities appear in applications, and what might they look like?
• What are AI's biggest challenges (and some surprises)?

Overall, we remain committed to our view that AI represents an extraordinary investment opportunity. However, we also explain why investors need a deep understanding of the current AI ecosystem as well as the full implications of its future development.