Why Delta is investing in AI

While many of you may have heard of Artificial Intelligence (AI), it has been our experience that few people understand what AI is, and even fewer people can comprehend the impact it will have on our economic livelihood.

We believe this new technology will be as transformational as the innovation of the internet. We have been researching AI investments over the last year to better understand the scope and implication of this new technology.

Artificial Intelligence (AI) is the ability of a computer to perform tasks commonly associated with intelligent beings. The term is frequently applied to the project of developing systems endowed with the intellectual processes characteristic of humans, such as the ability to reason, discover meaning, generalize, or learn from past experience. Programs have attained the performance levels of human experts and professionals in performing certain tasks, so that artificial intelligence is found in applications as diverse as medical diagnosis, computer search engines, and voice or handwriting recognition.

If you use GOOGLE Search, you are already using AI. Companies such as Microsoft and Google have already committed billions of dollars to this new technology and as recent as last week, OpenAI announced that it is rolling out new features that include the ability to let users engage in a back-and-forth voice conversation with an AI computer. The implications of this innovation cannot be ignored.

Our plan is straight forward. We will select three to five securities and make investments in AI-related equities. Based on the client’s risk profile, their portfolio could have as little as 3% or as much as 5% dedicated to this sector.