89: AI, robot: harnessing the investment potential of technological breakthroughs

The opportunities being created by the wider adoption of artificial intelligence (AI) and robotics are immense. Spending on cognitive and AI systems is forecast to grow from $12 billion in 2017 to $78 billion in 2022, according to IDC, and McKinsey projects that AI technologies are likely to increase global economic output by $13 trillion, or 16%, by 2030. For cutting-edge insight into these trends, we were joined for this podcast by Professor Wyatt Newman, one of the world’s foremost authorities on robotics who has worked on developing autonomous vehicles and humanoid robots for disaster response. The challenge for investors is to translate these exciting developments into strategies aligned with the growth of the AI and robotics industries. To explore these topics, we also heard from experts at ROBO Global® about how to identify and invest in the companies pioneering these technologies. ·         Professor Wyatt Newman, a leading researcher in the areas of mechatronics, robotics and computational intelligence ·         Jeremie Capron, Director of Research at ROBO Global® ·         Richard Lightbound, CEO - EMEA & Asia at ROBO Global® ·         Robert St George, Content Manager at LGIM We want to hear from you! Email us at [email protected] with your thoughts on the podcast and any suggestions of the guests or types of content you’d like to see covered. This podcast is intended for investment professionals, and shouldn’t be shared with a non-professional audience. This podcast should not be taken as an invitation to deal in Legal & General investments. Any views expressed during this recording belong to the individuals and are based on market conditions at the time of recording, and do not reflect the views of Legal & General Investment Management. Legal & General Investment Management is authorised and regulated by the Financial Conduct Authority. Legal & General Investment Management, One Coleman Street, London, EC2R 5AA. Register in England no. 2091894. All rights reserved. No part of this audio may be reproduced in whole or in part without the prior written consent of Legal & General Investment Management.