Practical steps for AI investing

Most studies anticipate that the peak impact of AI is still a decade or more away. Realising AI's productivity potential will necessitate workforce reskilling and substantial changes in organisational processes, typically a gradual process, making it likely that AI integration will progress more slowly compared to other business imperatives. AI will no doubt be disruptive to many industries and provide substantial productivity and reforms in others. Private investors will need to be well-informed and cognisant of the opportunities and risks to their investments as innovations are unleashed. Analogous to selling picks and shovels to the miners in a gold boom,…