Wells Fargo Investment Institute Report: Transformative Technologies
New report outlines investment opportunities in artificial intelligence and genomics
SAN FRANCISCO, April 26, 2022–(BUSINESS WIRE)–Wells Fargo Investment Institute (WFII) today released a new report titled Transformative Technologies: Investment Opportunities in Artificial Intelligence and Genomics. The report explores these important transformative technologies, how they work, and how they will shape the future, as well as potential investment opportunities.
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“Artificial intelligence (AI) and genomics have become more common and have the potential to influence not only how we live our lives, but also many sectors of the global economy in which we work and invest,” said Justin Lenarcic, senior wealth solutions analyst. “Our understanding of the ongoing evolution of these technologies plays a crucial role in identifying investment opportunities for investors.”
The report is broken down into three main sections to help investors understand how technology may impact the global economy over the next decade:
The age of AI: Explains the origins and types of AI, machine learning, and neutral networks, as well as the key applications of AI today and in the future.
CRISPR and the genomics revolution: Discusses the evolution of gene therapy to gene editing through the discovery of CRISPR (clustered regulatory interspaced short palindromic repeat), and how genomics has become a critical tool in possibly treating and preventing cancer and other diseases and conditions.
Investing in AI and genomics: Includes practical portfolio guidance from WFII’s Global Investment Strategy, Global Securities Research, and Global Manager Research teams.
WFII has a favorable view on Information Technology and Health Care, which can benefit from developments in AI and genomics and believes that Communication Services, Financials, and Industrials — WFII has a neutral view on all three — can also benefit. Its analysts believe that there is a broad variety of investment options from technology-focused mutual funds and exchange-traded funds (ETFs) to private placements available to qualified investors.
Alternative investments, such as private equity funds are not appropriate for all investors and are only open to “accredited” or “qualified” investors within the meaning of U.S. securities laws.
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