In 2020 during the height of the Covid-19 pandemic, companies learned to value automation as a source of resilience, risk reduction and high-quality management information, resulting in a veritable investment boom in technology.
This has set in motion a renewed focus and investment in automation for businesses globally. Over the next decade we are likely to see increased levels of automation, particularly in labour intensive and generally lower skilled sectors of the economy; but it will also see the swift deployment of AI and machine learning to disrupt, disintermediate and enhance existing business models in every industry. The key technical bottleneck will be the global shortage of semiconductors - an essential building block of technology - which could take up to five years to resolve. As a result, the...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
