AI Everywhere: JPMorgan Says Investors Get Smarter

Yes, according to JPMorgan, artificial intelligence has become an investment bet permeating every sector. It's no longer a matter for a few specialists, but something that affects almost every company, directly or indirectly. In short, there's no escaping it, not even for those managing our money.

David Lebovitz, global market strategist at JPMorgan Asset Management, stated on Bloomberg Television that AI is an “everywhere trade.” This means it's no longer a question of whether to invest in AI, but how to do it. Quite a shift from a few years ago when it was just for nerds or dreamers. Or was it?

Apparently, yes. After the initial hype and random investments, fund managers are reportedly getting better at distinguishing real opportunities. Just saying “we do AI” is no longer enough to boost stock prices; a concrete plan is needed. Perhaps they've learned to read beyond the most bombastic press releases.

According to Lebovitz, investors are now better at distinguishing real opportunities from those inflated by hype. This suggests a maturing market phase, where the mere mention of AI is no longer a magic wand. Finally, a bit of healthy skepticism, or at least, more attention to fundamentals. Better late than never, we'd say.