Artificial intelligence-powered investing tool PortfolioPilot is now approved by the Securities and Exchange Commission for regulation as a financial advisor.
Curious about the AI investing boom? Here, we take a look at what exactly is AI and how investors can get a piece of the billion-dollar megatrend. AI investing has been the megatrend in 2023 – and for good reason. Goldman Sachs economists expect generative artificial intelligence to boost global labor productivity by 1 percentage point per year over the next decade, and, historically, "such periods of rapid productivity growth have been led by large investment cycles," they say.What's more, the