(NEW YORK)—While recent market volatility has many talking about possible economic slowdown investors may want to focus their attention on AI and Automation tech firms as way to play any future recession.
In simple terms interest in automation accelerates during economic downturns as businesses seek to control costs, while improving productivity. We could see a wave of automation take root during the next economic downturn when technology-inspired restructuring in jobs tends to take place, and this could make the AI and Automation tech sector a place to watch.
Major corporations are gearing up for a surge in robotics-based technology over the next decade, and the U.S. needs to do the same.
The downside is that interest in automation tends to accelerate in times of recession; so, once the next economic downturn occurs office workers may lose their jobs and then have nothing to fall back on because the machines will have replaced the lower skilled jobs required to carry one over in tougher times.
The world of work has always known technological innovations and the rapid pace of this current transformation with new technologies, such as AI and robotics, is without precedent. We expect to see a surge in AI and Automation technology over the next few years, with an even greater emphasis during any economic slowdown, or worse recession.
HOW TO PLAY THE AI AUTOMATION SECTOR
First way to play this sector is with Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ), which is an ETF that tracks the Artificial Intelligence (A.I.) and Automation sector.
Nearly half of the stocks in BOTZ are composed of Japanese companies, followed by stocks in the U.S. and Switzerland. The top holdings of BOTZ include Intuitive Surgical (NASDAQ:ISRG), Mitsubishi Electric (OTCMKTS:MIELY), Nvidia (NASDAQ:NVDA), and Keyence (OTCMKTS:KYCCF) just to name a few.
Another way to play this sector is through Robo-Stox Global Robotics and Automation Index ETF (NYSE:ROBO), which tracks the global robotics and automation industry. The ETF is comprised of more than 80 rapidly developing companies spanning more than 14 countries.
Register for Updates
AI VentureTech provides investor insights and news commentary in the areas of Artificial Intelligence, and Automation. For investors interested in getting ongoing updates on BOTZ, and other investment stories within the A.I. sector please register to their free investor mailing list at
About AI VentureTech
Located in New York City, AI VentureTech, Inc. is an early stage data science research firm focused on utilizing artificial intelligence in the areas of biomedical research, robotics, and 5G cloud development. Our team of data scientists and engineers can customize AI-powered software and technical solutions for both companies and institutions looking to leverage data and machine learning algorithms for greater business value. The Company seeks growth through both collaboration and acquisition of dynamic new start-ups in the areas of business analytics, machine learning, natural language processing (NLP), visualization tools, predictive modeling, and cloud advanced analysis. www.aiventuretech.com
This is NOT a solicitation to Buy or Sell any security, but rather is for informational purposes only. Content contained herein includes facts, views, opinions and recommendations of individuals and organizations deemed of interest. Wall Street Newscast (“WSNC”) does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse these views, opinions or recommendations, or give investment advice. WSNC, its affiliates, or directors, may or may not hold a position in the above security from time to time, and investors are encourage to consider this as a possible conflict of interest when reviewing this information. In Compliance with SEC Rule 17B Wall Street Newscast was not compensated for this media alert. WSNC, is an affiliate to the parent company of AI VentureTech, Inc, and thus should be considered a possible conflict of interest when reviewing this report and information. These investments may involve a high degree of risk, thus investors are highly encouraged to consult with a financial advisor before any and all investments.
Safe Harbor Statements:
This website includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although the Company believes that the
expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.
Small and Micro cap, or ‘penny stocks’, involve a high degree of risk, and we highly encourage investors to consult with a financial advisor before making any and all investment decisions when investing in these type of securities.
- 4 Face Mask Stocks to Trade in COVID-19 Outbreak - July 22, 2020
- Dynavax (DVAX) Receives $27M Vaccine Purchase Order from CDC - July 1, 2020
- As COVID-19 Cases Spike Look to PPE Stocks: $LAKE $APT $GTXO - June 15, 2020
- Spike in COVID Cases May Spell Risk Off for Overvalued Stocks and Markets - June 7, 2020
- Riot Blockchain (RIOT) a Hedge on Inflation as Bitcoin Rallies - May 13, 2020
- Stock Valuations Could Set Stage for Potential Bubble Burst - May 9, 2020
- Centennial Resource (CDEV) Boosts Liquidity $468M as WTI Crude Breaks Above $20 Barrel - May 4, 2020
- Companies Should Prepare IT Spending to Thrive in New Normal - April 16, 2020
- Great Elm Capital (GEC) Provides Ventilators and Respiratory Care Equipment - April 15, 2020
- FujiFilm (FUJIY) to Ramp Up Production of Avigan for Treatment of COVID19 - April 15, 2020