Artificial intelligence is just at the start of generating an entire ecosystem of innovative platforms and investors need to be ready to jump on the bandwagon, one fund manager says.
Nick Griffin, founding partner and chief investment officer of Melbourne-based investment manager Munro Partners, said the AI thematic had generated strong returns for Munro's funds in the past 12 months and he expected that to continue.
"We're effectively having an iPhone moment - that's what AI is, and that's the best way to think about this," he told Nabtrade clients at an event at the ASX on Thursday.
