2024-10-21
21 分钟Ulrike Hoffmann-Burchardi, head CIO for equities in UBS Global Wealth Management, joins the show to discuss whether the current hype around AI technology and its adoption is justified. As capex and technical innovation continue apace, we’ll hear more about UBS’s investment framework to identify AI opportunities, shed some light on how AI actually works and highlight its implications for everything from the global economy to sustainable development. See omnystudio.com/listener for privacy information.
Hello and welcome to the Bulletin with UBS on Monocle Radio.
Each week, the sharpest minds and freshest thinkers in finance take you beyond the numbers and hype right to the heart of the big issues of the day.
This week we're once again putting artificial intelligence in the frame with insights from one of the leading lights from the UBS Global Wealth Management cio, Ulrike Hoffman Brachardi, who in her role as Head equities has a sharp focus on AI.
In our discussion, we will consider whether the current hype around AI tech and its adoption is justified.
We will consider what is next as capex and technical innovation continue apace.
And we will hear from Ulrike about UBS Investment Framework to identify AI opportunities, shed some light on how AI works and highlight its implications for everything from the global economy to sustainable development.
It's a real pleasure to welcome Ulrike Hoffman Bukhardi to the show.
Let me start with this idea about the fact that it is the popular narrative.
Everyone has a view, don't they, on AI.
Are we at a point where artificial intelligence is sort of overhyped?
Is this narrative around the technology actually unhelpful?
What's your view?
Yeah, first of all, Tom, thank you so much for having me on your podcast.
So AI and hype, we have a very clear stance.
We actually think that AI is not overhyped, that in fact AI is underappreciated.
And I know a lot of people like to say certain trends are overhyped in the short term and underappreciated in the long term.
But what we are saying is that we think AI is even underappreciated in the short term.
And one of the reasons is that unlike any technology before it, AI can self improve.
And that means that the rate of change is so much more rapid and also unpredictable.
And I think this is one of the reasons why we think AI is going to be most likely the most profound innovation that we have seen in human history, but also one of the largest investment opportunities.