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AAP
AAP
Business
Derek Rose

Investors undervaluing the life-changing power of AI

Humanoid robots are among products in which a prominent futurist is investing billions of dollars. (James Ross/AAP PHOTOS)

Australians underestimate just how transformative artificial intelligence will be, says a high-profile futurist who's bringing her investing prowess to local shores.

ARK Invest chief executive and co-founder Cathie Wood said while investors understood the opportunities offered by data centres, there's more to AI than that.

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