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AI is expected to grow significantly over the next 7 years, and this is not an opportunity passive investors should pass up. Several top ETFs give pure-play exposure to AI without the risk that some bring. ETFs like The Roundhill Generative AI & Technology ETF NYSEARCA: CHAT, The Wisdom Tree Artificial Intelligence & Innovation ETF BATS: WTAI, and The Global X Artificial Intelligence & Technology ETF NASDAQ: AIQ all give broad exposure to the market with a dual focus on blue-chip leaders and the small-cap names that are driving the industry today.
What is the opportunity? AI is estimated to be worth $100 billion in 2023 and grow at a nearly 50% CAGR over the next decade. The outlook is for AI to grow by 20X by 2030 with explosive technology, infrastructure, and services growth. Services will be the largest and fastest-growing segment by far, so blue-chip tech companies will likely be the ones to make the biggest gains over the long term.
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